> is like claiming you invest in dollar bills Well - if you're currently living in Argentina, with ultra-high interest rates[0], you should invest in dollars.

> is like claiming you invest in dollar bills Well - if you're currently living in Argentina, with ultra-high interest rates[0], you should invest in dollars. Investing in another currency is definitely a thing. The problem with crypto isn't at all what you're saying, to the extend you're saying anything. The problem with cryptocurrencies is the majority of the underlying value isn't "this country/group of countries uses this currency, so it's valuable". It's "other people who buy in later will allow you to sell for more than you bought". [0] https://edition.cnn.com/2023/05/15/business/argentina-interest-rates-inflation/index.html https://edition.cnn.com/2023/05/15/business/argentina-intere...