3 ms·
I think the best non-governmental solution to handling private equity is to take money out of equities and to put it into precious metals and cryptocurrency. In
by OutOfHere 1y ago
I think the best non-governmental solution to handling private equity is to take money out of equities and to put it into precious metals and cryptocurrency. In effect it is to take money out of the private-equity controlled dollar system, devaluing their equities. Unfortunately for now, mutual funds, which hold a lot of retirement funds, probably don't support those alternative assets yet.
- georgemcbay 1y ago> and cryptocurrency Shifting things from one scam economy (private equity) to another (cryptocurrency).
- OutOfHere 1y agoSelf-custodied cryptocurrency, if limited to the subset below, using an offline cold wallet, is not scammy at all; it is exactly the opposite, presenting less risk even than a bank account. Note that there are just a handful of cryptocurrencies that have seen constant appreciation after adjusting for noise. These are: BTC, ETH, XMR, TRX, PAXG, BNB.