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RE: Musings on Living in the Ledger: Exchanging Bitcoins and Joining Steemit
Looked at bitcoin about 4 years ago. Thought it was OK but did not really understand it. Also thought it could be hacked, and quite difficult to buy. So decided to stick with silver and gold as hedges against fiat. It now looks like cryptos are beginning a classic mania! Good post, thanks.
Thanks - I almost wrote a little about gold as another hedge which I thought about at the time. Is Bitcoin a more portable "digital gold"; perhaps. But if so it's not a particularly tantalizing investment. Precious metals have their spikes but tend to grossly underperform productive assets.