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It depends on the nature of the crisis. In a monetary crisis, yes, probably. But this is a bit different than that.
by darawk 7y ago
It depends on the nature of the crisis. In a monetary crisis, yes, probably. But this is a bit different than that.
- ppf 7y agoIf there is any correlation between current events and bitcoin price, then we have both a monetary and an existential crisis happening. What other crises would bitcoin be useful in?
- darawk 7y agoPurely as an asset Bitcoin is probably a good hedge against inflation of the dollar. If you expect high inflation, owning Bitcoin is probably a reasonable way to protect against that.