Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is not an inflation hedge in first place
by
Codswallop
on 29/07/2022, 07:46:40 UTC
Bitcoin was not designed to be a hedge against inflation, but the concept has gradually evolved due to its limited supply. When we compare available currencies, we only have fiat and Bitcoin. And, because fiat is unlimited and rapidly losing purchasing power, it is natural for people to seek refuge in Bitcoin and feel confident that their Bitcoin money will not lose purchasing power over time because no one can add more supply of it.