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I have been bearish on BTC for a long time, but when I realized a few years ago that the fiat system we have in place is unsustainable, I see it as a safe hedge

I have been bearish on BTC for a long time, but when I realized a few years ago that the fiat system we have in place is unsustainable, I see it as a safe hedge against it and the inevitable hyper inflation which will happen in our lifetime. I know HN is highly skeptical of anything crypto and I agree that blockchain as a technology doesn't have any notable usages. But right now, Bitcoin is the safest deflationary asset out there.

phreeza 6y ago
Why not buy something useful like real estate?
- pearjuice 6y ago
  Who says I do not? There's always room for diversification.
- dmantis 6y ago
  Not really liquid and can't be moved with you around the world in the pocket?
Fischinn 6y ago
Sooo you believe that when our current system fails, you will still be able to sell and buy bitcoins? Like when our current currency is no longer usefull, suddenly people will use bitcoins? How will anyone start to care about bitcoin if you can't really trade it for a currency normal people acutally use?