HN user
This insight, I think, is key. Imagine the power conferred by controlling a nation's currency. People don't just let that sort of power go. The first 1000-fold increase in value has pushed Bitcoin into the spotlight. The next 1000-fold increase will be far more noticed and hence far likelier to attract some counteractions by governments.
Holding stocks can definitely hedge against a devaluation of currency. Even domestic stocks or others prices in the currency you're seeking to get out of can work, but are significantly worse at doing so than one priced in a "safer" currency. There are investment firms that specialize in investing in the stock of foreign companies.
This I think is the wisest comment I've read here. We live in an age where many people earnestly believe they can reengineer society. They identify aspects of human nature which they don't like and think it's open to reeducation. There is such a thing as human nature. Tabula rasa is a myth.
It's as ridiculous as if he had casually tossed "overeating" into that list as well. Of course when something sticks out like a sore thumb, that individual part will get attention. Your point is that you can only reply holistically or something?
"With many of them you risk violence, drugs, abuse, sexual abuse, racism, etc."
This modern bugbear of racism is getting ridiculous. Did you really just equate "racism" with sexual abuse? What does racism even mean anymore? Is it only institutional discrimination, e.g. the refusal of the publicly funded government to hire some races? That's where it started. Now, you can be a racist if you have a type you prefer to date that doesn't suit the whims of your accuser.
Way to not "risk racism."