How Does Bitcoin Work as a Hedge against Inflation?
How Does Bitcoin Work as a Hedge against Inflation?
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Inflation has risen once more. The annual inflation rate in the United States has been rising for five months in a row, and it's a similar story in many other parts of the world. As a result, people are looking for ways to protect their savings from the devaluing effects of inflation, and cryptocurrencies such as Bitcoin appear to be the perfect solution.
🕒 Timestamps 🕒
00:00 Introduction
00:42 Understanding Inflation
01:55 How Does a Hedge Against Inflation Work?
03:14 How Does Bitcoin Work as a Hedge Against Inflation?
05:01 Crypto Pares Losses From Decline Fueled by US Inflation Data
05:32 Is Bitcoin a Good Hedge Against Inflation?
07:10 Final Thought
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