I am curious about this subs opinion on cryptocurrencies. I have been a BogleHead for a long time and have always really believed crypto is a scam. But with recent political events, it has me wondering, could crypto ever become apart of a regular portfolio? Or would everyone here say to stay away from it?
I am still not sold on bitcoin because while both intrinsic value of bitcoin and stocks are mostly based on supply and demand, stocks are funding production whereas bitcoin is priced in scarcity. But at the same time, the value of a $1 is constantly being inflated so you could also argue USD/Bonds is not stable.
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