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Crypto has provided an alternative to gold. The same printed dollars that would normally go to gold is flowing into crypto. The new generation of gold miners ar
by nine_zeros 5y ago
Crypto has provided an alternative to gold. The same printed dollars that would normally go to gold is flowing into crypto. The new generation of gold miners are not mining gold.
That's why gold hasn't risen dramatically. Crypto is absorbing the inflation.
- tinyhouse 5y agoPeople who fear inflation not gonna put their dollars into crypto. Too speculative. They would buy land or silver etc.
- imaginenore 5y agoI fear inflation and I put 99% of my savings in crypto years ago. It's been going insanely well, to put it mildly.