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Comment by plaidfuji | Hacker News Reader

Bitcoin is partially an index of political instability. Anything that has potential to significantly accelerate global divestment from the dollar is a positive for crypto. Trump winning the White House would do that. Even a protracted vote tally resulting in a Harris win would bode well for crypto, if it came along with court battles and violence that further exacerbate America’s political instability.

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It's simply protection against theft that is money supply inflation.

Did you know that the number of dollars doubles every decade on average? And the effect that has on the value of each dollar (it halves it).

> Did you know that the number of dollars doubles every decade on average? And the effect that has on the value of each dollar (it halves it).

But so do pretty much all developed world currencies isn't it? And relatively speaking dollar has pretty much increased or remained stable against other currencies including EUR, GBP over the last decade or so.

Depends on where you are looking from. EUR & USD perform kinda badly the last years compared to CHF

So either swiss is doing super well or everyone else isn't.

Yes, that's the point. Bitcoin offers a global escape from the enormous stealth theft that most people aren't aware is even happening to them.

Change the record. People are getting sick of hearing this.

You're either terminally apathetic or you don't understand the profound negative effect that allowing a small group of people to print money that every one else has to work for has.

It's the most important issue in the world for humans, bar none.

Don’t be so dramatic. You’re still eating aren’t you?

Exactly. Allowing a single person, Giancarlo Devacini, hiding in some offshore from every criminal court in the world, to print "money of the future" uncontrolled, unaudited and without any limitations is a definition of insanity.

Have fun staying rich btw ;)

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