Hacker News new | ask | show | jobs
by ForHackernews 1610 days ago
Replying so I remember to come back to this thread in 3-5 years.

If cryptocurrency is an inflation hedge, why are the cryptomarkets tanking when inflation is freshly high?

1 comments

If I follow this reasoning correctly, some ideal future version of "crypto" will be decoupled from corrupt governments, it will operate in a much more stable and equitable way than today's currencies, and the current imperfect state of things - when we are still too attached to fiat - is just a temporary transition. Just to entertain that idea. Sounds a bit too good to be true though.