Quote:
Originally Posted by superdog
I genuinely don’t think I’ll ever invest in crypto. But never say never.
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I am in that camp as investment - yet I hold some traditional mutual funds and ETFs that have stakes in the companies that benefit from crypto, one step removed. I mean the mining, networking, data centers, computer makers, chip makers and the energy consumption.
It’s the downstream effect created by the demand for those products. As someone said earlier, those who sell into the crypto ecosphere or provide services to it will benefit no matter what the coins or NFTs are doing on exchanges stripping or inflating values.
Like Levi Strauss selling jeans to miners in the 1800’s - he couldn’t lose by staying one step removed from the gold rush.
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