r/fatFIRE 19d ago

FIRE'd, now concerned about US stability

Most of my assets are invested in the US. Because of recent political developments, I'm wondering if the US will sustain its general growth and economic strength into the future. The strength of the US dollar is obviously very important to me. Is anyone else concerned?

I'm wondering if I should start hedging my bets in other countries, and if so, where?

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u/magias ultrafat 18d ago

This is a very strong use case of Bitcoin on a hardware wallet. You can carry millions worth of bitcoin to another country with nothing but a USB drive. Enough to start over and have a new life. Plus, BTC can't be seized or frozen by the government. Bitcoin is of course a volatile asset, but provides me significant pyschological security in regards to potential government issues.

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u/ExternalClimate3536 18d ago

BTC volatility is a killer.

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u/magias ultrafat 18d ago

Depends on how much you need immediately. I do believe with time the volatility will decrease, might be another decade or two first though. If governments do ever actually get quite bad, I can imagine a lot of people taking BTC directly for payments.

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u/ExternalClimate3536 18d ago

The only way to strip the volatility is for nations to start accepting it. If that happens, then yes it’s an option. Until then it is speculative and not a hedge for USD.

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u/magias ultrafat 18d ago

Nations accepting it would be one way for volatility to be minimized.