It's a hedge against currency debasement. And it hedged pretty well against that...

		deevolution on March 26, 2023 \| parent \| context \| favorite \| on: Cryptocurrencies add nothing useful to society, sa... It's a hedge against currency debasement. And it hedged pretty well against that! From the moment M2 supply increased (Feb 2020) to the moment M2 began decreasing(jan 2022), bitcoin earned you almost 400%.