3 ms·
> There are a lot of people out there who are very aware of how their saved money loses value and actively want an alternative that feels "safe". Inflation-lin
by ForHackernews 9y ago
> There are a lot of people out there who are very aware of how their saved money loses value and actively want an alternative that feels "safe".
Inflation-linked government bonds (e.g. https://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm https://www.treasurydirect.gov/indiv/products/prod_tips_glan...) are extremely safe, and specifically protect against value lost to inflation.
There are some problems solved by bitcoin, but needing a stable store of value certainly is not one of them.
- trophycase 9y agoHow liquid/easy to trade are these bonds compared to Bitcoin, which I can spend and exchange for USD in minutes?
- ForHackernews 9y agoTIPS are easily traded on secondary markets. In addition, there are multiple TIPS-backed ETFs [0] that trade in extremely high volume. I guarantee you could exchange TIP shares for USD in seconds, not minutes. [0] http://www.investopedia.com/articles/investing/092215/top-5-tips-etfs.asp http://www.investopedia.com/articles/investing/092215/top-5-...
- twblalock 9y agoYou can sell TIPS on the secondary market whenever you want, and you can redeem I-Bonds directly with the treasury after one year. The only delay is the electronic transfer to your bank account from your broker or the treasury.