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Context is critical.

Hoarding fiat currency (a depreciating asset) over time is incredibly stupid.

Hoarding bitcoin (an appreciating asset) over time is quite intelligent.

This applies to individuals, families, corporations, endowments, pensions, and governments.

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Average Geo 1y ago

So true, but I hoard a supply of fiat cash for when the internet breaks and I need to buy some holdover groceries 😜

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