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by VoodooJuJu 1804 days ago
If you want to hedge against devaluation of your currency, then buy land, grow olive trees, not bits.
2 comments

I'm arguing I shouldn't have to hedge against the devaluing of my currency (although I do), instead my currency shouldn't be continually devalued. Why is it a given that I have to buy stuff to retain value?
hard to pay for a apartment in paris in land or olives in Argentina - but I can use bitcoin.

Meanwhile it is almost impossible to send out Argentine money without government approval. This is the case for most non OECD countries....