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To: Jonty30
Bitcoin only works when other levels of economy are secure.

We have no idea if that's true or not. There isn't any historical data to support or refute that theory.

8 posted on 10/05/2023 1:05:16 AM PDT by Right_Wing_Madman
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To: Right_Wing_Madman

The closer to survival society needs to be, the closer that you want to be to things that you need to survive on. That’s wood, clothing, food and shelter. Those are safer investments than stocks or bonds or bitcoin.

I think my point, in general holds true. I don’t think anybody, in the time of depression, is going to want to hold onto their bitcoin and believe it still has value.


11 posted on 10/05/2023 2:26:51 AM PDT by Jonty30 (It never rains in sunny Alberta. It always rains in rainy Alberta.)
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