Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Can Bitcoin Really Protect People from Inflation?
by
Cryptoprincess101
on 29/09/2025, 20:51:00 UTC
⭐ Merited by Odogwu-Blockchain (2)
The question is Do you think Bitcoin will ever become stable enough to truly act as a reliable protection against inflation?
Bitcoin cannot be stable, just as it increases in value overtime, the price might fall but the value remains. If you can hold bitcoin for a long time, it can protect your money from inflation but if you just invest with the idea of selling in the short term then i will say that it won't save your money from inflation. Only those who will hold their bitcoins for a long term will actually save it from inflation because by that time it must have added more in value unlike Fiats currency that are prone to suffer depreciation which can give birth to inflation.