Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
NewLiberty
on 15/09/2014, 11:45:31 UTC
I remain a little bit puzzled why you seem to want to continuously get your Monero book digs in - when in reality BTC is the ONLY "real" game in town. 

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.

This is very precious, to find an asset that has good positive EV and is a hedge. Everyone who has BTC does a pareto-improvement move by buying XMR, with 0.25%-5% of the holdings. This has nothing to do with taking a position, it is a slam dunk move if you invest professionally.

Monero is quite a bit more than merely a hedge though.
It holds a separate non-trivial innovation track that is not developed in Bitcoin.