BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%.
Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie.
EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/TIPS make.
BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%.
Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie.
EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/TIPS make.