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I’m moving all my cash into Ether, which is a hedge against inflation, and very likely under valued by about 10x: https://docs.google.com/spreadsheets/u/0/d/1-0
by d13 5y ago
I’m moving all my cash into Ether, which is a hedge against inflation, and very likely under valued by about 10x: https://docs.google.com/spreadsheets/u/0/d/1-0o-KePU8Pny4iQRw4xJ1EprHBdqOjAz2YoF5yj0DzM/htmlview#gid=0 https://docs.google.com/spreadsheets/u/0/d/1-0o-KePU8Pny4iQR...
- throwawayffffas 5y agoI am not going to comment on the under valued bit, it could be true for all I know. My 2 cents, It appears that ether along with the other cryptocurrencies are behaving like speculative assets, move in the same general direction as stocks do. Thus I think cryptocurrencies make a bad recession hedge. Additionally the inflation seems to me to be driven by the covid-19 crash recovery. The fear in the markets again seems to me to be that measures to contain inflation are going to harm the recovery and put us in a recession. As such in case the recession does come, I would expect it to come along with lower inflation.
- culopatin 5y agoHow’s eth safer in a scenario where people need cash to compensate for the potential income slowdown and start selling their holdings? Wouldn’t all that supply of people selling kill the value of it?