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Bitcoin protects against debasement of fiat, not inflation. It's a hedge for the collapse of all fiat currencies.

• jmoak3 4y ago
  A gun and a gallon of water will go farther, I believe
  • bergenty 4y ago
    I don’t believe we’re talking about the apocalypse.
    • jmoak3 4y ago
      >It's a hedge for the collapse of all fiat currencies. I read this as prepping for apocalypse, but maybe we'll just issue new currency backed by something hard. My mistake.
• danShumway 4y ago
  Is there a likely non-apocalyptic scenario where debasement of fiat doesn't involve massive inflation? How does Bitcoin survive debasement is it's vulnerable to one of the primary side effects of debasement? And if Bitcoin is a hedge against the apocalypse, then I'll mirror the other comment here and say that there are probably better things you could do to prep for that, rather than invest in a coin that requires a functioning Internet in order to transact.