Just to add here that, at least in the Bitcoin world, there is a widespread idea that the best hedge against inflation is Bitcoin. This is simply based on its price behavior since its inception, it has been the most profitable asset. So, for those of us who believe in the future of bitcoin because of its properties, it is normal to think that it will continue to be so, but in finance it is often said that past performance does not guarantee future results.
Pretty much. Bitcoin
could potentially be a good inflation hedge.
COULD. We still don't know the answer because the current economic/financial situation is quite peculiar due to covid; and Bitcoin sure haven't went through similar crisis in the past(obviously because Bitcoin is quite new). Again, only time will tell.