cross-posted from: https://lemmy.ml/post/46379297

Source: r/buttcoin

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[–] 11 points 5 months ago

Crypto will not likely "rise" as the USD/etc takes a hit. Its not a hedging asset like gold, its purely a speculative gamble.

It is often pitched as a hedge, but we have a decade of evidence now that shows it drops and rises with the stock market, except with even more volatility.

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