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> As a store of value - USD has lower volatility than BTC => USD wins as a store of value. Depending on your place of residence, USD may have a high tail risk
by RestlessMind 4y ago
> As a store of value - USD has lower volatility than BTC => USD wins as a store of value.
Depending on your place of residence, USD may have a high tail risk if your country decides to cross USG's plans. For those places, better to have a non-USD non-EUR alternative. Only Gold and BTC come to my mind.
- ljosifov 4y agoEven when the country gov is hostile to USG, the citizens will still use USD. Citizens use cash, USD notes - not USD bank accounts. No bank accounts are involved. The relations between USG and the local gov bears no consequence to the use of cash. I saw through civil wars in the 1990s, and did not see a single use of gold for anything. The next big state fiat was used for everything. Sorry for the downer.