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They'll buy it if it doesn't go up either (and doesn't go down obviously). Hedging against inflation is a huge benefit.

• DataGata 5y ago
  If it were a hedge against inflation, it would behave like a hedge against inflation, and yet it shows no similar characteristics to preexisting inflation hedges? hmmmmm
  • xxxxxxx12 5y ago
    > yet it shows no similar characteristics to preexisting inflation hedges Is that because, so far, if you were to measure since its inception, it's outperformed any other hedge against inflation?
    • CRConrad 5y ago
      So did tulip bulbs, for a while.
      • xxxxxxx12 5y ago
        tulip bulbs aren't a gargantuan decentralized computer network
        • CRConrad 5y ago
          Non sequitur. That wasn't what I was replying to.