Bitcoin is NOT an Inflation Hedge, Now What? | Market Update
Stacks
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Is Bit Coin an Inflation Hedge?
i think the first thing to sel down here. Is bit coin an inflation hedge, or is that narrative completely dead? You have to ask yourself, what is inflation? What's going on here? Inflation is an increase in the price of things you want to buy with that us. Dollar. So overtime, as the dollar has two % inflation most years, this year is close to eight or ten%. If you look at a ten, 20, 30, forty, 50 year time horizon of the us. Dollar, your purchasing power is going down. That one dollar you have to day is worth a lot less in 20 or 30 or 40 years. And if us. Dollars have
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