The thing about crypto is that it's not tied to a physical thing. Fiat currency circumvents this because you need it to pay taxes. The single largest player in the economy, the government, always and only accepts it. Long before you get to the bullets and beans stage people will lose confidence in crypto. One of the most subtle things the Romanian said was that there might be an initial surge before the selloff. However I have no confidence that I'll be able to buy food with crypto even if there isn't hyperinflation. So why would I think it's going to be of value when there is?
You're attached to the idea that a collapse of America means a collapse everywhere on the planet. That's not what's going to happen.
We'll see how great is the great reset I guess
Goldman-Sachs just listed cryptocurrencies as their own separate asset class.
https://finance.yahoo.com/news/bitcoin-is-officially-a-new-asset-class-goldman-sachs-103540636.html
because the crypto held value in other places completely unaffected like the United States.
Let's not start with the premise that, this shit won't go global... That's the main difference between Venezuela's collapse or USSR's collapse when it comes to what's ahead. This time there won't be an "outside world" safe haven, imo
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