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I've been trying to avoid looking at my bitcoin portfolio lol. I agree the volatility in its price makes it far from ideal as an alternative currency. That being said what keeps me invested (a relatively small portion) is looking at places like Venezuela and a few other pockets of areas where the monetary system has collapsed or undergone hyper-inflation, bitcoin is being used as a means of exchange, albeit still rather limited. That goes to show the proof of concept works. Hence I think there is somewhat of a chance that there could be a more widespread use case for it, especially as the ecb and possibly the fed start flooding the markets with liquidity again.



I hold a small amount of it and BSV as a hedge against the Fed flooding the market with liquidity too. Emphasis on small amount.

Crypto usually rallies when the Fed undergoes extensive QE for a long period of time but the current popular crypto’s have flaws.




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