I’d love to hear everyone’s opinion about ETH as a hedge against a declining US dollar. Without getting too much into politics, both domestic and foreign US policy are looking increasingly chaotic and the increase in the amount of chaos seems to be accelerating right now. With the fed chair up for grabs in May (or possibly even earlier) a US$ collapse or at least sharp decrease in value is no longer out of the realm of possibilities. It’s hard to imagine any other currency doing well in such a situation especially considering foreign US bond holdings. The BRICS currencies might fair best but I don’t see them doing better than treading water in a US led global depression.

    With ETH governance out of reach of national governments do you think it will be a good hedge against this or will the price of ETH decline along with the dollar as everyone sells everything to cover losses?

    Personally I feel like ETH should be a safe haven and I’ve been accumulating as much as possible but I’m wondering if I’ve misread the situation.

    I keep reading about private businesses accumulating but this doesn’t really seem to be apparent in the current price.

    ETH as a hedge against US chaos
    byu/japonica-rustica inethtrader



    Posted by japonica-rustica

    1 Comment

    1. Sorry but it seems to rise and fall specifically related to us liquidity At least that’s what I’ve seen for crypto in general and eth has been no different

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