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Bitcoin is Not a Hedge with Parker Lewis (WiM267)
The "What is Money?" Show
Is Bitcoin a Hedge Against Inflation?
Inflation hedges are designed to reduce the risk of the dollar losing its purchasing power. Historically, it's been gold, other commodities, real estate,. More recently, diversified equity portfolios. But Bitcoin is actually engineered to be the replacement for the dollar. As people figure that out, they do not treat Bitcoin as a hedge.
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