/biz/ - Business & Finance

what will you do with your bitcoins when hyperinflation sets in?
will you transact it to buy stuff? you and millions of others, on a network that can only handle 600,000 transactions per day? this will be the 2017-2018 congestion all over again except a thousand times worse, you'll literally wait years for transactions to leave the mempool and pay thousands of dollars in tx fees
will you sell your bitcoin for dollars on centralized Chinese exchanges and try to use the dollars to buys stuff? good luck convincing people to accept rapidly depreciating dollars for hard assets, once the psychology of hyperinflation sets in no one wants to touch dollars, you won't even know what your dollars are worth by the time they've left the exchange and entered your bank account

please tell me what your plans are, I'm genuinely curious
I have a bit of btc that I bought back in 2015 and I would like to know exactly how I'm supposed to use this shit once shtf

be honest guys
will shiny ever 10x?
I'm afraid my shiny and mining stonks won't ever allow me to buy a house, only a 10x would help me since houses are so fucking expensive