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/biz/ - Business & Finance

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57437791 No.57437791 [Reply] [Original]

Wait a minute… wouldn’t the dollar be considered a “risk-on asset” since it can go to zero at any moment? Wouldn’t crypto be the risk-off asset class since it can’t be hyper inflated ? Really makes you think

>> No.57437798

>>57437791
Yes. There will come a point at which it switches and risk will be seen where stability was and the other way around.

>> No.57437814

>>57437791
everything is "risk-on" at the moment. but I think, in the end, it will level out like this >>57437798

>> No.57437826

>>57437791
i agree with you op but you wont find many to disagree with you here

>> No.57437832

They are never letting a decentralized currency get relevant. You people are delusional.

>> No.57437850

>>57437791
Explain how it can go to 0 please.

>> No.57437855

>>57437832
It is highly relevant already. I think it will be even more so after this cycle

>> No.57437870

>>57437850
all banks run on near-zero reserves. they're already carrying hundreds of billions in liabilities. the backstop for this is the fed. it's all built on air

>> No.57437877

>>57437850
Name a single fiat currency that’s survived throughout the ages. You can’t. They all go to zero eventually.

>> No.57437965

>>57437791
Only real money is gold. It's never hyper inflated or flatlined in thousands of years.

>> No.57437982

>>57437850
basically a new foundation = new standard. so imagine spin off ethereum virtual machine coins come out like Binance Smart Chain and they use BNB instead of ethereum. when there is a competition you follow the lead success, if there is competition to the us dollar it would phase out even unnoticeably if the competition is that superior to it