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So how does this invalidate the parent comment’s point? If Dogecoin was a better hold than Bitcoin does that somehow imply that Bitcoin is a worse hold than dol

So how does this invalidate the parent comment’s point? If Dogecoin was a better hold than Bitcoin does that somehow imply that Bitcoin is a worse hold than dollars? And before you lecture about the function of fiat currency, remember the bottom half of society is forced to keep their entire net worth in cash because they are in a continuous financial emergency...

bidirectional 5y ago
It doesn't. I just don't believe in advocating for regular people to hold highly volatile assets with unpredictable performance. The bottom half of society also hold large amounts of debt, one of the key functions of inflation is eroding the value of that debt. A currency like Bitcoin does not provide for this.