Monero is the first alt (okay some said LTC a year ago..) that functions as a hedge to Bitcoin.
Same as Bitcoin is a hedge to paper assets.
Gold is a hedge to all.
rpietila,
Could you please elaborate on the factors or characteristics of XMR that you believe make it the 'first alt' that functions as a hedge to Bitcoin?
Why does XMR function as hedge better or rather than LTC or DRK, for example.
Thanks!
24Kilo