Cryptocurrency can provide inflation protection, but only once it has established its principles and gained widespread use.
In principle, Bitcoin (BTC) should act as an inflation hedge. It is simple to get, its supply is predictable, and central banks cannot alter it arbitrarily.
However, investors do not see it that way. Instead, the bitcoin market is eerily similar to the stock market. Why is this the case? Let’s look at what keeps cryptocurrencies from working as an inflation hedge and what has to happen for them to do so in the future.
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Buy and Sell Crypto at Binance:
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#hedge #inflation #crypto…(read more)
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Cool story. What the fuck is the cointelegraph?