• tusker@monero.townM
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    1 year ago

    Hopefully most who figured this out would move their wealth from fiat into real investments even before crypto was around.

    • Marimfisher@burggit.moe
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Yeah I’m deep in stocks, getting my money to make me money. But crypto would fall into a similar trap as gold no? It doesn’t generate significant profit on its own, so it only appears to gain value as fiat depreciates. A good store of value, but not reliable for capital growth.

      • tusker@monero.townM
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        This is correct, it is good to have some gold and crypto but as a relatively small part of your wealth portfolio. Hopefully as the defi space matures into fully decentralized and permission-less we can begin to migrate more investments over.