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A comment on Bitcoin surpasses $50K as major companies jump into crypto. Parent comment

Re:Bitcoin surpasses $50K as major companies jump into crypto by UncleMeat on Tuesday February 16, 2021 @07:16PM (#26160787)
Ok. Every investment. Bonds, real estate, stocks, metals. Magic cards probably don't count.

The point is that "use BTC as a hedge against inflation" is obviously not a thing since people are chasing 10x growth.

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Re:Bitcoin surpasses $50K as major companies jump into crypto by conradev on Tuesday February 16, 2021 @08:30PM (#26161469)
Maybe many under-informed retail investors are chasing 10x growth, sure, but it feels like the larger institutions mentioned here are doing it likely the same reason they invest in any other asset: diversification.
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Re:Bitcoin surpasses $50K as major companies jump into crypto by graeme on Tuesday February 16, 2021 @11:23PM (#26162665)
Funnily enough my brother showed me prices for magic cards he sold a few years back. They have surged in value in 2020. The asset price inflation isn’t limited to tech stocks.
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