Post
Topic
Board Bitcoin Discussion
Re: How will bitcoin beat hyper inflation?
by
Ishicryptic
on 28/03/2025, 07:46:49 UTC
Bitcoin is a decentralized digital currency and it can only be a hedge against inflation for anybody or entity that holds it, it can not on it's own beat the hyperinflation of any centralized local currency or economy. Bitcoin is a store of value and unless a government holds it as a reserve or adopts it as a legal tender that is when it can make any impact for them. Bitcoin is primarily an alternative to fiat currencies, it is a hedge against inflation because of it's limited supply and scarcity, also it is due to it's potentials that it became a valuable asset, so if you are not holding it there is no way that it can be profitable to you or solve the problems of hyperinflation. Any economy that is faced with hyperinflation, the government should look for the root cause of the problem and fix it.