Quote from: NotATether on July 20, 2022, 05:00:45 AM

It seems that they have confused "inflation-resistant" to "inflation hedge", they are very different concepts.

One is something whose value should be relatively stable with respect to other governments' changes in interest rates, the second is some kind of stock you can always count on going up when inflation drags the rest of the markets down. Those people should buy Google or Amazon stock instead.

Most people need to do their own research to understand what Bitcoin is truly about. The general public has a wrong mindset, believing Bitcoin is a "get rick quick" scheme. But we Bitcoiners know that is not the case. BTC's price always rebounds after a prolonged bear market. One thing for sure is that the cryptocurrency is a lot more valuable today than what it was a decade ago. Imagine how high BTC will go another decade from now. Buying Bitcoin now would be the wisest decision to make. I'd say Bitcoin is the perfect inflation hedge. Who knows if it ends up replacing Gold in the future? Just my thoughts Grin