Bitcoin Crash November 16 2021: Bitcoin Is Not An Inflation Hedge – Forbes

Again it is a fairly strong hypothesis to believe bitcoin will moon and double, triple, quadruple etc, but that is not a hedge against inflation, that is a one-way bet on asset appreciation.

Maybe it’s just semantics, but while you will surely outperform inflation if the bulls are correct, that performance will have little to do with the effect or inflation on the sort of depreciation that fiat is going to undergo in the next few years.

This may be extremely pessimistic but the point is, if it ever does come back that much it will be a great time to buy, because just as when everyone says it’s going up forever is the top of a market, so when everyone says it’s the end, that’s the time to buy.

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