Clip from ‘Why Won’t the SEC Approve a Bitcoin ETF? With Perianne Boring’ – What Bitcoin Did Episode 578.

Listen to the full episode here: …(read more)

HOW TO: Hedge Against Inflation

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Inflation, the rate at which the general level of prices for goods and services is rising, is a critical economic indicator that governments and central banks strive to control. However, there have been instances where manipulation of inflation data has occurred, with severe repercussions for the world’s economies.

Manipulation of inflation data refers to the deliberate misrepresentation or manipulation of statistics on the rate of inflation, leading to economic distortions. The most common form of inflation manipulation is the suppression of official inflation figures to downplay the effects of rising prices.

Manipulation of inflation data can wreak havoc on economies, undermine market confidence, and breed mistrust. When inflation data is doctored, it becomes difficult for government and central banks to make informed decisions on monetary policy. Inflation is a critical determinant of interest rates, and manipulation can lead to the misallocation of resources, high levels of debt, and unsustainable economic growth.

Bitcoin and other cryptocurrencies offer protection against the manipulation of inflation data. Cryptocurrencies are decentralized, meaning they are not controlled by any central authority or government. As a result, their value depends on market forces of supply and demand.

Bitcoin’s value is based on an algorithm that automatically adjusts its supply, and its value is not tied to any government or central bank. It is not influenced by traditional market factors such as inflation, interest rates, and national economic policies.

Moreover, Bitcoin’s unique features make it an excellent hedge against inflation. The cryptocurrency has a finite supply, with a maximum of 21 million coins that can be mined. This scarcity creates an inherent value that is independent of government interference.

Bitcoin also has a useful property called the “halving.” The halving is an event that occurs every four years, after which the number of new bitcoins mined is cut in half. This event reduces the number of new coins entering the market, which can offset the effects of inflation.

In conclusion, the manipulation of inflation data can have disastrous economic consequences. Cryptocurrencies such as Bitcoin offer protection against inflation manipulation, providing a decentralized, valuable asset that is not subject to the whims of governments and central banks. Bitcoin’s inherent scarcity, coupled with the halving event, make it an excellent hedge against inflation and a valuable addition to any investment portfolio.