Post
Topic
Board Bitcoin Discussion
Re: Could 17.5k BTC actually be 13-14k pre-inflation?
by
yudi09
on 24/10/2022, 11:40:59 UTC
When we are in an inflationary situation that causes the economy to be tough and the average price of goods is rising, investing in Bitcoin is the thing to do to maintain the hedge for years.
There is two problems with this which is why price isn't yet rising.
Many people still don't know about bitcoin or still believe the FUD they've been fed over the years so they stay away from the only reliable hedge against inflation.

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Can only nod his head while saying yes that most do not understand about Bitcoin so it can be influenced by an explanation that is not necessarily true or FUD.

Related to this, it can happen because of the length of time they know Bitcoin. If those who are very young in Bitcoin, are vulnerable to FUD. But if those who are familiar with Bitcoin with a minimum duration of more than 3 years, I think they can distinguish and understand how to hedge.