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> is it a terrible idea to hedge that crypto is better or as good as gold during crisis? Cryptocurrencies are still too volatile and untested. Maybe Bitcoin be
by superbcarrot 6y ago
> is it a terrible idea to hedge that crypto is better or as good as gold during crisis?
Cryptocurrencies are still too volatile and untested. Maybe Bitcoin behaves like gold during a crisis, or maybe it's everyone's play money and when times get tough everyone will sell their Bitcoin first. We just don't have historical precedent for it.
- rybosworld 6y ago> Cryptocurrencies are still too volatile and untested. Compared to 1000% monthly inflation?
- lucb1e 6y agoPresumably it's a general question and they're not actually from there or they'd know whether cryptocurrencies are used as payment method there (or I misunderstood the question).