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This is true about any asset that's not undergoing hyperinflation itself including stocks, bonds, commodities, real-estate, and foreign currencies. What's speci
by AlexandrB 5y ago
This is true about any asset that's not undergoing hyperinflation itself including stocks, bonds, commodities, real-estate, and foreign currencies. What's special about cryptocurrencies in this regard?
- floren 5y agoThe answer is usually "well, I happen to own cryptocurrencies, but not those other things you're suggesting"
- masegod 5y agothe supply of bitcoin is mathematically guaranteed, also much harder to steal
- bradjohnson 5y ago> much harder to steal This is objectively false given that the article is about how easy it is to scam people out of their bitcoins.
- danuker 5y agoThe ease of sending it. Stocks and bonds are not bearer assets, so you have to sell them before spending them. Commodities are inconvenient to carry (though in some cases maybe more convenient than wheelbarrowing cash). Real-estate is much less liquid, you can't sell or spend 0.01% of an apartment.