Bitcoin is NOT an Inflation Hedge, Now What? | Market Update
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Bicoin Isn't an Inflation Hedge
Bicoin is a very speculative, high bata risk asset. Raising rates is just going to hurt that every single time, just like it does stocks. Tylor winklevoss, founder of the gemini bickuin exchange, he tweeded out yesterday. Biccoin should be up to day. Its properties dictate that it should be inversely correlated to inflation. The fact that it is down shows just how early it is. And if we do have any other days wher economic data come out where you see high inflation numbers and bic coin sails off, you don't have to scratch your head any more,. I thought this was a nuance now that is
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