3 ms·
> But I believe cryptocurrency as an asset is well worth it, for the competition it provides to national currencies. If these decide to overinflate, crypto prov
by hiq 5y ago
> But I believe cryptocurrency as an asset is well worth it, for the competition it provides to national currencies. If these decide to overinflate, crypto provides you with a relatively-uninflated asset
Given their volatilities, cryptocurrencies are neither inflation hedges nor currencies. Somebody with a bunch of USD trying to hedge inflation will buy gold or real estate before they buy cryptocurrencies.