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Not sure if the idea that Bitcoin acts as an hedge has much weight considering it’s never been tested in a first world economic downturn; arguably, it has worke
by bhl 7y ago
Not sure if the idea that Bitcoin acts as an hedge has much weight considering it’s never been tested in a first world economic downturn; arguably, it has worked in third world countries which face high inflation and have a lack of public confidence in monetary policy. But where is the majority of Bitcoin held, in the former or latter?
- buboard 7y agoi d assume a lot of chinese do it - no idea really, but it's a form of easily accessible gold