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Author: Goofyhoofy ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 1024 
Subject: Re: Well, how about that bitcoin
Date: 07/07/2024 6:48 PM
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If I lived in one of those places I would be all over Bitcoin as a potential hedge against massive devaluation of savings (it would be just an option, investing in USD based equities would still be my first option).

I guess I’d stick with the latter. Bitcoin, after touching 20,000 for the first time, fell in half. In 2022, after long run up, it fell by 2/3rds. Most unstable currencies don’t fluctuate that badly, although admittedly when they do they rarely come back as Bitcoin has. But then that’s not assured at all. There are now a thousand other Bitcoins by other names; maybe one day one of those takes off and Bitcoin is last year’s news?
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