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>This is why I view cryptocurrencies not as an asset which in the future will dominate all other currencies but as a defense for savers against overzealous cent
by pedrocr 9y ago
>This is why I view cryptocurrencies not as an asset which in the future will dominate all other currencies but as a defense for savers against overzealous central banks (or governments for that matter).
I agree with all you said pretty much but I don't think even that is a problem. No one should be holding currencies as savings. The real defense from central bank trickery is holding actual assets.
- SolarNet 9y agoWhich is why gold is actually decent, because it has real valuable uses. Not as much as say petroleum or steel, but still.