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Re:Top Bitcoin dev gets owned by ABCLAW on Sunday January 01, 2023 @11:21PM (#34214319)
>Welcome to reality. You'll laugh now, but if you want to hold something of lasting value, that's kinda how it works.

Yeah, when I own a bunch of equity, real estate and other intangible rights, I do my best to fit them all into my back pocket too.

Sure sucks trying to fit a few hundred acres of well placed development ready subdivisions in my jeans, though.

Re:Top Bitcoin dev gets owned by reedjosh on Monday January 02, 2023 @11:49AM (#34220102)
If these societal constructs fail what good are they?

Don't get me wrong, I think they're all probably decent as investments, buy they're a completely different asset class.

I put BTC in the Gold/Silver category in that it can be a hedge against societal issues. In this particular moment, I see BTC as a hedge against the ongoing de-dollarization and eventual inflation or plain lack of purchasing power that could cause.

I also see it as a means of censorship resistance.

Further BTC or any sufficiently distributed money is a way to limit bank/government power since they actually have to tax instead of minting new money.