Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli...
by pteredactyl on Thursday November 30, 2017 @12:50AM
(#15813768)
Yea, I understand the historical stability and trust. But why not hedge against the off-chance fiat currency goes belly up? We have the ability to do so now with crypto. In my opinion, any prudent investor would use it to their advantage. It’s not all or nothing, it’s a hedge.
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli...
by mvindahl on Thursday November 30, 2017 @03:35AM
(#15814270)
There were always options to hedge against that eventuality. E.g. property, stocks, Krugerrands. Sure, your could add Bitcoin to that list but all in all I'd rather have a nice home that I've paid down than I'd own a pile of volatile cryptocurrency. YMMV.