Post
Topic
Board Economics
Re: Is the World Ready for Life After “Safe Havens”?
by
Die_empty
on 24/05/2025, 17:34:27 UTC
The dollar doesn’t look as safe as It used to anymore. Gold and bitcoin are far better choices. Obviously it doesn’t make sense to abandon the dollar completely, yet as I also hodl some usd in my portfolio for dip buying purposes mostly.
Keeping dollars might be ideal for people in countries whose currency experiences a consistent drop in value. My country's currency lost close to 50% of its value in one year. People began to convert their money to dollars while those with crypto knowledge turned to Bitcoin. 

There is no such thing as safe in this world. Only the illusion of safe, which is why we airports have their security theater, aka the TSA, and banks have government bailouts. What if we invented a technology that could turn one lead into gold without using a lot of energy? Would gold not become basically worthless and everyone who was holding gold would also lose their "safe haven" investment?
Every asset had some level of risk that investors wiuos have take. Safe havens are assets that people think have lesser risk. They are also considered as safe havens because  of public perception. No asset is really safe.