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Imagine living in a country with this sort of inflation and running to dollars (with 15% inflation) instead of to bitcoin. It's amazing people can't see the wri
by wimwasmw 4y ago
Imagine living in a country with this sort of inflation and running to dollars (with 15% inflation) instead of to bitcoin. It's amazing people can't see the writing on the wall for all printable currencies in 2022.
- redisman 4y agoBitcoin as a inflation hedge is a meme that takes 5 seconds to see has no basis in reality. During historic inflation in the US, Bitcoin the inflation protector is.. -40% against the USD in the last 6 months. At least Gold is up 4% on the 6 month so that’s a small hedge.