Hacker News new | ask | show | jobs
by diegocerdan 2140 days ago
What if sentiment is blue-pilled and holding dollars is actually the gamble? You would be holding the wrong side of the stick.

I would agree that dollars have little downside but the purchasing power degradation of dollars feels like a irremediable tax on savings. And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.

2 comments

==And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.==

Two of these things are not like the others.

>What if sentiment is blue-pilled and holding dollars is actually the gamble?

Even if you have no confidence in the dollar, doesn't mean Bitcoin or crypto currencies are a good alternative.

>And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.

That is a strong statement. There is no evidence that crypto currencies are a 'decent hedge' for anything.