RE: Is Bitcoin Hedge Against Inflation
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It's not a good hedge against CPI inflation. For CPI inflation you want to own hard assets... Things you need on a daily basis.
If you're talking about asset price inflation sure, there's correlation there with indices and overall market liquidity deriving from QE, but it could break at any point.
The exception to the rule here is that the stronger the inflation in general, the more correlation one would likely find between just about anything that isn't the devalued currency and that rate of devaluation... but it isn't specific to BTC.
BTC is a highly speculative instrument which may at some point provide stronger real world value by serving as a medium of exchange, provided it finds some price stability or immense future levels of adoption.
That's absolutely true and till that time BTC will remain volatile as per the news just like the stocks
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