4 ms·
Yea, I understand the historical stability and trust. But why not hedge against the off-chance fiat currency goes belly up? We have the ability to do so now wit
by pteredactyl 9y ago
Yea, I understand the historical stability and trust. But why not hedge against the off-chance fiat currency goes belly up? We have the ability to do so now with crypto. In my opinion, any prudent investor would use it to their advantage. It’s not all or nothing, it’s a hedge.
- mvindahl 9y agoThere were always options to hedge against that eventuality. E.g. property, stocks, Krugerrands. Sure, your could add Bitcoin to that list but all in all I'd rather have a nice home that I've paid down than I'd own a pile of volatile cryptocurrency. YMMV.