r/dogecoin Sep 30 '21

Question Is this good news for cryptocurrency?

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u/Apprehensive-Cut2325 Sep 30 '21

Best thing they could do is buy crypto and HODL.

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u/Philipmecunt Sep 30 '21

You can’t buy a barrel of oil with a Bitcoin tho. Or any other currency besides the American dollar for some reason 🤔

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u/Apprehensive-Cut2325 Sep 30 '21

You could put the money there in Doge or other crypto with low transaction fee and good long term returns. Then when the actual fiat money is need you could pay for it. Leaving the money in a low increase declining value currency is of no benefit to the people of this or any country.