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421

Or baseball cards, or tulips, or whatever.

Or baseball cards, or tulips, or whatever.

(post is archived)

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In your logic the only hedge is physical metals. Fiat is every bit as fake as crypto. This is not in dispute.

>Fiat is every bit as fake as crypto

Fiat is backed by a government, crypto is backed by nothing, which makes it even worse. Physical metals aren't even a hedge, they're just shiny rocks.

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Dude, I feel sorry for ya, you're going to miss out on a revolution (and the opportunity to get in on it early) and if you just dug a little deeper you'd get it. But what you're doing right now is tantamount to arguing in a coffee shop in 1985 that the internet will never replace live conversation. It's easy to think right now that the wad of cash in your pocket is superior to dogecoin but history is going to disabuse you of that fantasy quicksmart. I'm tired of explaining this to you so piss off somewhere else.

>I'm tired of explaining this to you so piss off somewhere else

Hey, YOU came to MY bait thread, I'm going to continue to piss you off until YOU go somewhere else...

Crypto has no intrinsic value, it is just non-government backed fiat. Oh, BTC has a limited number of coins that can't be surpassed limiting crypto printing? Meet dogecoin. Meet monero. And on and on. What's to stop the bubble popping? What intrinsic value does crypto have, aside from being a fad. If I'm some guy in a coffee shop, you're some guy buying up all the pets.com stock.

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There's no revolution here, it is the fiat system evolving into a new fiat system.

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Metals beside brass and lead aren't useful in the type of 100% apocalypse people talk about crypto being worthless in either, amusingly. Only food, water and ammo are true hedges for that sort of scenario.

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Totally agree, see to mr bottlecaps.

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Or see my post about .

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Everyone thinks you're crazy for prepping until there's a run on toilet paper or the power goes out for a few days.