HEDGE
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I'm in crypto because of the debt bubble. It's world wide and I don't see any other way out.
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Follow the dao
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Crypto can (and will proliferate). This does not mean it’s per unit value must do so as well. Crypto values will marginally float above the cost of producing a unit with some variance due to trust of a particular chain.
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If socialism is allowed to take root and flourish in the US, where will you flee when it fails?
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There is no upside seeing my country turn into Venezuela.
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Wealth is not destroyed only transferred
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You may think that socialism is a major risk in terms of attacking crypto. Can any current cryptocurrency weather coordinated government attack? A person's answer would determine if they are, in fact, long. They might not be.
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We’ve all seen socialism’s requirements of adandoning freedoms for an authoritarian nanny-state. No thanks. Instead, we can adopt some socialist leanings, keep some capitalist flare, and find sanity somewhere in the middle, with health care and a living wage.
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