Ninjastic
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Board Speculation
Re: Buy the DIP, and HODL!
by
Furious 7
on 28/09/2023, 20:03:23 UTC
Quote from: adultcrypto on September 27, 2023, 07:16:26 PM
Quote from: Furious 7 on September 27, 2023, 02:50:41 PM

Seeing from the situation that occurs there is no standard rule that says bitcoin as an inflation hedge but in this case we must also be aware that bitcoin can be one of the fiat hedges and that I have indeed felt on the other hand regardless of whether this is an inflation hedge or not I actually don't really care because I run from what I believe in and bitcoin for several years has been my belief in investment despite all the debates that exist I just do what I think is right by being in bitcoin.
Btw on the other hand when talking about bitcoin and hedging I've read some actually pretty good research that some people have done.
There are 2 versions where one is the local language of my country and the other one can be read universally because it uses English.

You can read it if you are interested.
https://www.sciencedirect.com/science/article/abs/pii/S1057521918307622
file:///C:/Users/siganteng/Downloads/360-Article%20Text-1400-2-10-20230109.pdf
I feel that what you are doing is more or less setting the record straight like they do in the academic world... that I understand perfectly well and I agree with you. Even though we might not want to go this route of aligning with the formal world in terms of regarding Bitcoin as not inflation hedge since there is no official supporting document, deep down inside, you know that those of us that belong to this digital economy see Bitcoin as inflation hedge. majority of us will never save our money in fiat but in Bitcoin because everyday fiat is losing value and in some countries, there is constant devaluation happening. Furthermore, if you have been following some of the Bitcoin believers like John McAfee and Robert Kiyosaki, you will see them express their confidence in Bitcoin as inflation hedge while they enjoy the feelings fantasy of the death of fiat Cheesy Cheesy Cheesy Cheesy.

So it is more of something common among Bitcoin believers to see Bitcoin as inflation hedge and so far it has been working out as you already confirmed.
Regardless of whether this becomes academic or not the end result is the same and I don't think there is any harm in looking at the various perspectives on whether bitcoin can be used as a hedge against fiat or not.
But back to the topic because it has gone away from the initial discussion as I said earlier, I don't really care about it especially with some of the theories that are widely discussed whether they are positive or negative about the existence of bitcoin because I only believe in what I do and until now I still think that being in bitcoin and investing in bitcoin is one of the things that makes me comfortable. it's been very more than enough for myself even though in the end this will also circle back to the discussion of risk I don't really care about other people's opinions because I just follow what I believe in right now by continuing to invest in bitcoin.