Ever since around 2013/2014, bitcoin’s price has closely followed the rate of change in the growth of global broad money supply (M2) in USD terms.
In other words, from the perspective of macro inve...
People saying that it hasn't worked as a hedge against #inflation are wrong in my opinion because they are thinking too short-term.
The general direction of travel for #bitcoin is to be a hedge, but over the short term, it can have huge drops.
In this case, I think it's more about the destination than the journey.
The general direction of travel for #bitcoin is to be a hedge, but over the short term, it can have huge drops.
In this case, I think it's more about the destination than the journey.