Quote from: Pacific10 on Today at 01:43:11 PM

Quote from: suzanne5223 on Today at 01:28:46 PM

Quote from: Jating on Today at 10:55:03 AM

Quote from: Pacific10 on Today at 10:07:59 AM

It is often said that Bitcoin is a hedge against uncertainty. And that's it.

As compare to gold? Bitcoin hasn't been tested as a good hedge against uncertainty though. Hedge mean that an asset that can't easily affected or influence by the market. And we know that bitcoin is very unstable and be definition can't be a 'true hedge'. As compare to let's say gold, it's been tested, specially in ww2.

On contrary, Bitcoin have been tested as hedge against uncertainty several times when the government wants to ban it and the strength it posed during the pandemic which was what also captivate people like Kiyosaki.

Exactly my opine. In the face of the lockdown when fiat currency seems to be of less value in correlation to what could be acquired for safety, companies being sealed etc. bitcoin stood and many country's central banks are beginning to formulate policies to accommodate them.

I understood what inspired your message once I saw your thread but for Bitcoin to be a total guarantee hedge in an uncertain world we still need a better solution in terms of scalability, making Bitcoin to be easy to use for both young/older people and the government stance toward Bitcoin to be positive.