How many people on here use bitcoin or other cryptocurrencies?
I known cryptocurrencies are something the CB is against as they want to keep fucking with the current fiat currency that's not even back by gold anymore. No matter what happens this year, I do wonder what all might change with money this year.
I like cash but now days probably prefer cards more out of convenience. I've never tried out any cryptocurrency. I always felt like if nothing can regulate it then what can stop criminals from fucking with it in bad ways.
They might have a utility purpose, but 99% of their current dollar-value is entirely numismatic. I.e., speculation-driven. For example, no unit of ethereum does anything worth $1800.
"In the end though, it's all fiat and that's where I'd be cautious about it."
What you have to be most cautious about isn't its potential to lose value quickly, but that it's electronic. Accounts and exchanges can be shut down, or traced.
A fiat paper bill might lose value, but it's harder to lose. A real meat-space mugger has to sap you in an ally to steal it.