Bitcoin, it’s a better hedge because a known amount will be added to the supply (good supply is notoriously lumpy. A good mine might open on the other side of the world and lower the gold price). lighter weight if leaving a war torn country.
Not financial advice.
True. But often when you’re fleeing a war torn country you don’t have a lot of other options. Local currency is often outlawed or devalued. And if you only hold Bitcoin for the X weeks it takes to flee the country, the odds of it imploding in that time are pretty small. There’s more chance you’d lose the passphrase or lose the gold.
OK, champ. Let me be direct.
Bitcoin, it’s a better hedge because a known amount will be added to the supply (good supply is notoriously lumpy. A good mine might open on the other side of the world and lower the gold price). lighter weight if leaving a war torn country. Not financial advice.
It’s also possible that people stop believing in the power of some arbitrary numbers and the shit obliterates itself.
Not financial advice, but pretty solid theoretically.
True. But often when you’re fleeing a war torn country you don’t have a lot of other options. Local currency is often outlawed or devalued. And if you only hold Bitcoin for the X weeks it takes to flee the country, the odds of it imploding in that time are pretty small. There’s more chance you’d lose the passphrase or lose the gold.
Or were you asking about a non war-time hedge? In that case, I have no answers.