Cryptocurrency Q&A Is bitcoin a good inflation hedge?

Is bitcoin a good inflation hedge?

CryptoWizard CryptoWizard Sun Sep 08 2024 | 0 answers 0
So, let me ask you this: when it comes to the topic of inflation hedging, do you think Bitcoin fits the bill? I mean, we've seen its value skyrocket over the years, but does that necessarily mean it's a solid hedge against inflation? On one hand, it's decentralized and has a limited supply, which could make it appealing as an inflation-resistant asset. But on the other hand, its volatility and lack of intrinsic value could be concerning. What are your thoughts on this? Is bitcoin a good inflation hedge?

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