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People are freaking out about this. There are 1000 other cryptos that can move money. Bitcoin is the only reliable way to hedge money against massive governme
by mkirklions 9y ago
People are freaking out about this.
There are 1000 other cryptos that can move money.
Bitcoin is the only reliable way to hedge money against massive government inflation that we have seen after an African Coup or hyperinflation.
- pjc50 9y agoYou can't say it's a viable hedge given its extreme volatility. Africa and South America maybe, but if you're expecting dollar hyperinflation you have a very strange set of assumptions about the world.
- Dumbdo 9y agoEven if one would assume that there's a dollar hyperinflation, Bitcoin as a alternative is certainly the worst alternative as it is much more volatile than any real world currency.