4 ms·

Gold isn't even an inflation hedge in the scale of one's lifetime, why will Bitcoin be different?

• nobrains 5y ago
  Gold is an inflation hedge in many, many countries.
  • acover 5y ago
    I'm not an expert, I am referring to the following. Am I misunderstandibg something? > due to its real-price volatility, gold had not been a good inflation hedge over the short- or long-term. They did find that, going back to the era of Emperor Augustus who reigned from 27 BC–14 AD, gold had been a pretty good hedge for inflation measured by military pay. So, if you have a liability due in 2,000 years, gold might be a good way to maintain your purchasing power. https://www.pwlcapital.com/will-gold-save-the-day/ https://www.pwlcapital.com/will-gold-save-the-day/
  • deleted 5y ago
    [deleted]
  • bhaak 5y ago
    Is the USD a worse inflation hedge in those countries?