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Comment by wustangdan

Well I mean the recent bank failures showed the issue with treasuries, but sure it seems we agree more than disagree. You agree that holding USD is failure for long term value or even short term (3 year) value transport.

My argument is that assets and crypto is needed to hedge the potential incoming USD destruction. And that because crypto has some nice properties that houses and the SP500 don't, it has a legitimate reason to be a part (even if small) of your hedge.

I don't buy the "Crypto is a complete scam" argument at all.

parent wustangdan 3 years ago

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