Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor
Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar.In a recent statement, Dotcom said:“Trust me. Buy crypto and gold. Your USD will become worthless. With US economic collapse all old money currencies will crash. Times will get tough. But you’ll be fine if you hedge some of your assets in preparation for the crash. The big crash is coming 100%.”Value of the US DollarThe value of cash and any other form of money depends on their ability to operate as a medium of exchange. If the US dollar, for instance, can be used to purchase properties and services, it has monetary value.As former Goldman Sachs CEO Lloyd Blankfein stated, fiat money like the US dollar is valuable because under the control of central authorities, people are forced to use cash as the main
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