“ They really aren’t. A currency is only worth anything if normal people are willing to trade them en masse. For the majority/normal people to trade them en Maße there needs to be an universally agreed upon use for them. A use that taxes give, since no matter who you are, you must pay your taxes in the state issued currency.
Crypto and other alt currency tokens are worthless by definition”
https://reddit.com/r/technology/s/TTK0bCHDDN
Don’t necessarily agree with it, but I get why someone would have that take.
USD and other currencies are GUARANTEED to deflate your purchasing value over time.
Your choice is to invest in something which is volatile and may go up or down.
Or keep it in USD which is stolen from you via inflation
Something, yes. Not necessarily crypto.
Something like and index fund -- I dont' mean to plug wall street -- but a very diversified investment portfolio tends to do well over the long term. You will make more money than inflation will take from you. Naturally, because it's an investment by proxy in the profits of people who may actually build things. At least they turn capital into cashflow.