Post
Topic
Board Economics
Re: Rate cuts money printing inflation
by
MonsterV
on 02/10/2019, 14:16:28 UTC
I do feel that, but the problem is i cant buy groceries food and daily needs with Bitcoin first i have to Exchange my btc to Fiat, so the Bitcoin and gold is Not really Solution for that problem!!  

The discussion gold and bitcoin as a hedge when crisis comes is still a question mark. Some people consider gold and bitcoin to be a hedge, but some also just say that gold can do it. In my opinion, if you are looking for something definite hedge then choose gold, because gold has been proven as a hedge.

Unlike bitcoin, bitcoin has never been through a crisis before, especially in 2008 so I can't clearly say whether bitcoin is capable of hedging, but I really hope that bitcoin can do that, because it can increase price much higher.

If your problem is that you can't buy daily necessities with gold or bitcoin, I don't think it's a problem. The biggest problem is the crisis itself, you will lose more money if you do not invest your money into gold or bitcoin rather than prioritizing daily needs.