FAQs Frequently Asked Questions
Crypto Report
Does it make sense to convert profits to fiat when fiat continues to fall? What about digital currencies that are developed by governments?
Depending on the speed of the fall of the respective fiat, you may wish to keep most of your assets in crypto and hard assets (real estate, stocks, bonds, precious metals, etc).
As for nation-state digital currencies, they will be a controlled, thus not have the disinflationary qualities of bitcoin or deflationary qualities of ethereum 2.0. Thus, capital flight out of bitcoin and ethereum into such digital currencies will not take place.
As for nation-state digital currencies, they will be a controlled, thus not have the disinflationary qualities of bitcoin or deflationary qualities of ethereum 2.0. Thus, capital flight out of bitcoin and ethereum into such digital currencies will not take place.
First published: | 17 Feb 2021 |
Last updated: | 17 Feb 2021 |