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Bitcoin Hits New High After Inflation Surges to 31-Year Peak
- paulpauper 5y agostocks are still a better inflation hedge than bitcoin
- pkdpic 5y agoRandom thought from a non-expert but is the only future where cryptocurrency takes over one where global society / traditional currency collapses? And if that happens will cryptocurrency be enough to support the economic needs of a postcollapse society? Is a postcollapse society even something that could realistically exist? Just something that keeps popping into my head while listening to friends / coworkers talk about NFTs and Dogecoin. Again 100% not an expert but curious what more informed people might think.
- breckenedge 5y agoDepends what you mean by a collapse. Enormous resources are used by crypto networks. It seems unlikely to me that a collapse, likely causing a significant disruption in global telecommunications, would be good for Bitcoin.