Oh im not talking about bitcoin

im talking about something like verge or pixv

or even iota (tangle)

iota is migrant rape currency so i dont like it anyway

...what

https://www.reddit.com/r/Iota/comments/6yvpfo/iota_ama_september_8th/dmqngzh/

Crypto is fucking weird the more I look into it.

it's fucking dumb

its the future

just hide all your shit away under a mattress in fiat, it's generally stable

sure

look at the bolivar

even USD is falling

if it's in something like AUD or CAD you'd be fine

AUD can't fall any further :^)

CAD took a fucking piss down to .70USD = 1

1aud = .80usd

Now it's .79, same as shitter Oz Dollar

we live in a corporatocracy

in dec last year aud took a SHIT

financial institutions btfo, crypto in

1aud = 0.71usd

...the biggest crypto took a 20% shit though

yeah?

we are in a bear mrkt

Im confident it will end soon

I don't doubt it bit it kind of knocks the argument for crypto being a good hedge.

its volatile

of course

its new

disruptive

speculative

I get why theoretically it's better than fiat but that's pretty long term and volatility in currency markets is pretty short.

cryptocurrency is so weird tho

it's literally just exchanging electricity into digital money

it's not even representing something physical per se

that's how banks do it

like I mean

i mean, say what you want about the dollar

but it has some sort of backup

they're both pixels on a screen whether it's GayPal, Shitcoin, or a bank account