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1.3K

It was at just under 30k like a month ago and it’s about to hit 50k. Speculators say it’ll go past 100k before the end of 2021.

I’m failing to see the value in holding the coin if the global economy tanks, but maybe one of you guys can enlighten me.

What’s going on? Am I dumb for putting most, (got a little crypto), of my money in assets and commodities instead?

It was at just under 30k like a month ago and it’s about to hit 50k. Speculators say it’ll go past 100k before the end of 2021. I’m failing to see the value in holding the coin if the global economy tanks, but maybe one of you guys can enlighten me. What’s going on? Am I dumb for putting most, (got a little crypto), of my money in assets and commodities instead?

(post is archived)

[–] 1 pt

At this moment you should ask someone from Texas how well their crypto-currency is serving them? It isn't. Without electricity there is no crypto-currency. For that matter there really is no currency because banks can't issue monopoly money without access to their database. Same goes for certificates or bonds or any other IOU that isn't the actual asset. Bottom-line: Stick with tangible items. You want to invest in commodities? Buy some land and buy some livestock.

[–] 1 pt

but but but but...

muh...

blockchain