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by ForHackernews 3256 days ago
> There are a lot of people out there who are very aware of how their saved money loses value and actively want an alternative that feels "safe".

Inflation-linked government bonds (e.g. https://www.treasurydirect.gov/indiv/products/prod_tips_glan...) are extremely safe, and specifically protect against value lost to inflation.

There are some problems solved by bitcoin, but needing a stable store of value certainly is not one of them.

1 comments

How liquid/easy to trade are these bonds compared to Bitcoin, which I can spend and exchange for USD in minutes?
TIPS are easily traded on secondary markets. In addition, there are multiple TIPS-backed ETFs [0] that trade in extremely high volume. I guarantee you could exchange TIP shares for USD in seconds, not minutes.

[0] http://www.investopedia.com/articles/investing/092215/top-5-...

You can sell TIPS on the secondary market whenever you want, and you can redeem I-Bonds directly with the treasury after one year. The only delay is the electronic transfer to your bank account from your broker or the treasury.