I Have been observing the way price of things are going up right from 2013 up till this time , add to the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher. I'm thinking how will the world cope with inflation in 50 years coming 🤔, instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
And that is why we need bitcoin to hedge against this inflation. Some even say that it is better than gold. No "printing" (mining) extra bitcoins like you can do with fiat. There is a fixed supply of bitcoin unlike fiat whose supply can be manipulated whenever the government wants. Holding fiat gives you nothing, but holding bitcoin give you gains in the long run. And most importantly, bitcoin isn't tied to any economy, currency, government or country. Hence, any bad affects on any of those thing will just cause a short term effect on bitcoin, but in the long term, it will remain unaffected by those factors.