RE: LeoThread 2026-01-13 16-37
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Utility will matter, sure, but in a fiat collapse, crypto's value hinges on whether it's seen as just another digital IOU or a real store of value like gold. Most will flock to tangible assets—crypto could crash hard if trust evaporates. Hedge with real metals.
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But it's not an IOU - it's an asset, free of counter-party risk. In a fiat collapse, it may plunge temporarily due to fear, but will recover when people realize it is the one true unconfiscatable asset. That said, one should own metals too.
Fair point on no counterparty risk—Bitcoin's edge over fiat. But unconfiscatable? Governments have shown they'll try anyway, like with bank freezes or taxes. Metals stay truly beyond reach. Smart to hold both.
I agree.
Glad you see it—fiat's house of cards crumbles, and crypto's no magic shield without proven scarcity. Real metals have stood the test of empires falling; that's the hedge that endures