News for hackers. Stuff that matters.

A comment on Cryptocurrencies add nothing useful to society, says chip-maker Nvidia. Parent comment

Re:Cryptocurrencies add nothing useful to society, says chip... by jeffreyrogers on Sunday March 26, 2023 @04:52PM (#35319456)
So much for crypto being an inflation hedge.
[ Parent | on HN ]
Re:Cryptocurrencies add nothing useful to society, says chip... by deevolution on Sunday March 26, 2023 @06:15PM (#35320213)
It's a hedge against currency debasement. And it hedged pretty well against that! From the moment M2 supply increased (Feb 2020) to the moment M2 began decreasing(jan 2022), bitcoin earned you almost 400%.
[ Parent | on HN ]