Post
Topic
Board Bitcoin Discussion
Re: Another reason bitcoin will succeed: US to target Putin's $40 billion stash
by
Littleshop
on 22/04/2014, 01:01:47 UTC

Buying BTC is not a hedge against demise of USD.  If you think USD will fall then you should short USD.  If you think BTC will rise then you should long BTC.  There is no correlation as a trade


Says the NYC financial industry.  They want to keep you paying in their court. 

To say that Bitcoin is not a possible hedge against the dropping dollar means you do not understand Bitcoin.