> They're a hedge against a particular kind of collapse of society I'm sorry, but do you not see how absurd that sounds? It's a hedge against a particular kind

> They're a hedge against a particular kind of collapse of society I'm sorry, but do you not see how absurd that sounds? It's a hedge against a particular kind of societal collapse? This is just totally impractical. The reality is that bitcoin traffic in Zimbabwe and Venezuela is extremely miniscule; that's because you can't actually buy much of anything with cryptocurrencies, especially useful goods like food, water, medicine and guns, and trying to convert cryptocurrency into real money is fraught with obstacles and risks (i.e. if you try to do an in-person conversion). Cryptocurrency is not a realistic hedge against any kind of societal disruption.