Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
BlackHatCoiner
on 02/04/2023, 12:28:25 UTC
you might have to consider leaving the usa so you can get away from the us dollar and be free to buy those euros and use them...
Unless regulations get even stricter, you can buy fiat currencies in the same (but more complicated) manner that you buy bitcoin. If people observe their currency getting devalued rapidly, then I don't see why not switching to another. The problem is that it's too difficult to have cash of non-foreign currency; here bitcoin comes.

as an altetrnative to owning bitcoin i suppose someone could own gold or silver. those are also inflation hedges.
In addition to what o_e_l_e_o said, if you're not a goldsmith, you're about to pay lots in the verification part. On the other hand, verifying that you own bitcoin is free.