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Hedge vs. what? The collapse of the entire world financial system and its replacement by .... bitcoin?

To be serious: obviously bitcoin can be used as in any investment strategy, including "conservative" ones. You seem to be arguing that a bitcoin position must be part of one, which is kinda insane.

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Hedge vs. loss of value in major world fiat currencies. I think this is actually an important problem, and Bitcoin is a nice alternative to gold.

I think you're being rude.

I am referring to the collapse of financial systems, but not necessarily the replacement by bitcoin. Maybe precious metals, heirloom seeds, or guns?

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