It's what they want you to think, the reality is properties similar to metals. But because it's digital it's easier to acquire, and hold, and it's easy to divide into smaller pieces.
The reason metals doesn't increase in value as they should with their limited supply, is because they sell fake paper metals to a whole bunch of idiots, today even via internet which is just fiat 2.0, or digital fake metals not backed by real metals.
The regulatory with crypto only applies if you try to convert it to fiat, which would ruin the whole point of it anyway. Just use it as bartering and nobody could stop you.
As for quantum computers, that's fear mongering. If quantum computers ever successfully cracked certain encryption algorithms within a reasonable time, it would of course effect all encryption.
With crypto it's easy to upgrade to a quantum secure algorithm through a fork from a snapshot of the chain just before the hack occurred. It's not a loss, as it would be if all of your other secrets where revealed and stolen. Not all cryptocurrencies use the same algorithms either, plenty of coins are safer than Bitcoin in terms of quantum proof algorithms.
Sucks though I still think they're better than stocks or crypto. Crypto has massive black swan regulatory and quantum risks imo
It's what they want you to think, the reality is properties similar to metals. But because it's digital it's easier to acquire, and hold, and it's easy to divide into smaller pieces.
The reason metals doesn't increase in value as they should with their limited supply, is because they sell fake paper metals to a whole bunch of idiots, today even via internet which is just fiat 2.0, or digital fake metals not backed by real metals.
The regulatory with crypto only applies if you try to convert it to fiat, which would ruin the whole point of it anyway. Just use it as bartering and nobody could stop you.
As for quantum computers, that's fear mongering. If quantum computers ever successfully cracked certain encryption algorithms within a reasonable time, it would of course effect all encryption.
With crypto it's easy to upgrade to a quantum secure algorithm through a fork from a snapshot of the chain just before the hack occurred. It's not a loss, as it would be if all of your other secrets where revealed and stolen. Not all cryptocurrencies use the same algorithms either, plenty of coins are safer than Bitcoin in terms of quantum proof algorithms.