Post
Topic
Board Economics
Re: Bitcoin Holding in Companies
by
jaysabi
on 15/11/2020, 01:48:17 UTC
Today Bitcoin is seen as a great asset to store assets and never fear inflation. This is probably the most obvious proof that Bitcoin is reducing inflation,  you can refer here: https://news.bitcoin.com/bitcoin-halving-inflation-rate-central-banks/

I think this is grossly overstated.  People buy bitcoin and cite inflation as a cause of concern, but there's no body of evidence that Bitcoin protects against inflation because it is much more volatile than the inflation rate is destructive to savings. The risk of holding btc vs USD isn't even comparable.  The USD is orders of magnitude safer.