I've been trying to understand Bitcoin’s role in today’s economy. Many people describe it as a hedge against inflation, but with its frequent price fluctuations, I sometimes wonder how reliable that claim is.
Now that interest rates are rising globally and liquidity is tightening, is Bitcoin still considered a dependable store of value, or is it more of a high-risk asset?
I’d really appreciate hearing from long-term holders how do you currently view Bitcoin in terms of financial stability?
Did you have a look at charts? If you really look at Bitcoin's charts and check where it started and where it's now (I mean the price), you'll see that it's clearly a hedge against inflation. If you have lots of cash or fiat on hand and don't plan to use them, simply buy Bitcoins and let it do its job. Yes, it's volatile but long-term, it's a good option. If you want to save money into Bitcoins for 1-2 months and then convert back into cash, then the volatility might bring you loss but long-term, i.e. 1 year, 2 years and so on, Bitcoin is a very good hedge against inflation.