this post was submitted on 13 Nov 2024
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[–] Aceticon 6 points 1 month ago* (last edited 1 month ago)

Except that it's so incredibly volatile that from one months to the next you literally don't know if your crypto wealth will be worth twice as much or half as much.

If what you're trying to protect yourself from is runs on banks, you'de be better of with gold, works of art, even stocks (which are less volatile than crypto) or, even simpler, spread your money over several banks, ideally in more than one country.