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> they buy it b/c they don't have confidence in the power of the US dollar or want to hedge their bets no; they buy it b/c they're attracted by the fantasy of
by insane_dreamer 2y ago
> they buy it b/c they don't have confidence in the power of the US dollar or want to hedge their bets
no; they buy it b/c they're attracted by the fantasy of a 100x return like some people got in the past. there are no solid correlation patterns with the USD or other currencies/ stocks, unlike, say, gold