The Stock Market, Investments, and Investing Thread
(09-21-2020, 04:59 PM)floridaman Wrote: It's a hedge against the dollar and fiat, much in the same way gold is. The idea is you maintain purchasing power in an age where the dollar is being QE'd into oblivion.

Exactly, this. You can't compare it to stocks. That argument doesn't make sense.
Makes more sense to compare it to currencies or gold.

And the things that are happening with USD are just scary. Stock markets went up because they keep pumping money in it. Where's the value in that??

Interesting times, that's for sure. And it wouldn't be bad to have at least a little bit of BTC to essentially hedge against the current state of this economy.

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RE: The Stock Market, Investments, and Investing Thread - by Kentemo - 09-21-2020, 07:27 PM

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