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RE: Bitcoin's Failure As A Monetary System

in LeoFinance2 years ago

Given the realities of how Bitcoin is right now and how some altcoins are right now, it makes sense to hold different cryptocurrencies for different things. After all, we should all have wealth as some combination of cash, precious metals, securities, and physical assets such as land. Some people would stick to a couple of those, but then diversify within the broad categories (USD/EUR/GBP/JPY/etc.; gold/silver/platinum/palladium/etc. blue chip stocks/memestocks/etc.; ...)

Regarding cryptocurrencies, I think we would be good with Bitcoin and Hive, plus Ethereum and BNB. Throw in Litecoin and Dogecoin while we're at it, too.

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Throw in Litecoin and Dogecoin while we're at it, too.

The Dogecoin part 😃, I am HODLing a 500k bag of SHIBA wish it could hit $0.1 someday, so I can cash out into Hive.