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No, crypto does not 'theoretically' hold out better than USD or other things. An asset - no matter what it is - is only going to have value in the future depen
by jollybean 5y ago
No, crypto does not 'theoretically' hold out better than USD or other things.
An asset - no matter what it is - is only going to have value in the future depending on how others are going to a value it.
This means does it survive war? National collapse? etc..
USD is a currency, not a store of value, it's designed to be slightly inflationary. That's policy and public information. Don't hold them for 'long term' but it will at least have some value.
Gold and Real Estate (to the extent you can control that real estate, which depends on rational social organization etc.) - will probably hold their value. As will some other things.
Crypto would be the last choice among many as a store of value, as they could all be wiped out in a second, forget the issues of what financial fashions might come into place in the future.
Crypto is still 100% experimental, and every dollar traded in crypto, is at least today, purely speculative, no different than trading Baseball Cards. But without at least the Baseball Cards. That's where it is today and while something might come along, nothing is quite on the horizon just yet.