Re:Bitcoin and cryptocurrency prices have fallen sharply ove...
by tlb on Thursday March 12, 2020 @01:45PM
(#22559549)
Cash was not king during periods of hyperinflation in Germany (30s), Venezuela (ongoing), and many more. It is roughly as common as a stock market crash.
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Re:Bitcoin and cryptocurrency prices have fallen sharply ove...
by klodolph on Thursday March 12, 2020 @01:52PM
(#22559631)
You’re thinking of the early 1920s for Germany, during the Weimar republic.
Re:Bitcoin and cryptocurrency prices have fallen sharply ove...
by AstralStorm on Thursday March 12, 2020 @02:08PM
(#22559815)
Or perhaps late 80s Soviet bloc crash.
Re:Bitcoin and cryptocurrency prices have fallen sharply ove...
by lcall on Thursday March 12, 2020 @01:50PM
(#22559610)
Good point. To help make such decisions, maybe one could also try to gauge the overall level of honesty, competence, and responsibility (edit: and strength given trends) of the sponsoring entity. (I have been in USD and varied bonds rather than stocks for a while now, partly due to general debt and overconfidence levels, and plan to revisit things, around August after current trends play out more.)