Ryan Grim
@ryangrim
Came here to learn more about crypto so I can more effectively advocate for its abolition before it ruins everybody here and the rest of us along with it
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bradq
@bradq
welcome! how can we help???
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Ryan Grim
@ryangrim
Help me out: crypto is supposed to be a hedge against a volatile world but it seems more volatile than anything else and if thereβs anything predictable, it moves with the nasdaq. What am I missing?
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Roberto Bayardo π©
@bayardo.eth
The "inflation hedge" argument is a bitcoin maxi talking point that is mostly nonsense outside of perhaps extreme hyperinflation scenarios. Crypto is a speculative risk asset.
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Melissa Burr π
@burrrrrberry
Have you seen the price of eggs recently?
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Roberto Bayardo π©
@bayardo.eth
Yes, eggs have been a much better inflation hedge than crypto :)
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