BTC is a terrible hedge against inflation. Or is it?
In the last two years the US government has printed a scarcely believable 4.6 trillion dollars. Quantitative easing the only card they could play to combat the pandemic and keep the economy on its feet. The result, rampant inflation over 8% leaving the Fed only one move - raise interest rates to reduce its balance sheet and curb rising prices. So now the DXY is pumping Treasury Bonds are more attractive and Bitcoin is heading down taking the rest of crypto with it. But wait, wasn’t Bitcoin meant to be the hedge, wasn’t it meant to be the answer to debasement of fiat currency? Well that was the big story being trumpeted by Bitcoin’s new institutional cheerleaders. Michael Saylor, Cathie Wood, Paul Tudor Jones big names, all convinced that Bitcoin is a viable hedge against currency debasement.
Our sponsors
https://matcha.xyz/defiant
https://www.step.finance/
https://dydxgrants.com/
Links
https://www.statista.com/statistics/1121416/quantitative-easing-fed-balance-sheet-coronavirus/
https://thedefiant.io/markets-down-fed-50bps/
https://www.tradingview.com/symbols/TVC-DXY/
https://youtu.be/7yT5E3uE25I?t=91
https://twitter.com/saylor/status/1526895140022931457?s=20&t=YQ-3BqqIsMrdvA6KTHneQQ
https://twitter.com/saylor/status/1524717026744352770?s=20&t=xtrjsjMl_dIi6XNUlPjzNw
https://bitcointreasuries.net/
https://www.businessinsider.in/cryptocurrency/news/microstrategy-said-it-would-face-a-margin-call-and-be-forced-to-sell-some-of-its-crypto-if-bitcoin-falls-to-21000/articleshow/91320454.cms
https://decrypt.co/58302/elon-musk-bitcoin-advocates-have-laser-eyes-on-twitter-heres-why
https://english.elpais.com/economy-and-business/2022-05-10/el-salvador-expected-to-default-as-bitcoin-plummets.html
Follow The Defiant team on Twitter:
Camila Russo: https://twitter.com/CamiRusso
Robin Schmidt: https://twitter.com/iamsupermassive
Alp Gasimov: https://twitter.com/alpgasimov
✊ Follow The Defiant
Website https://thedefiant.io/
Newsletter https://newsletter.thedefiant.io/
Twitter https://twitter.com/defiantnews
Discord https://discord.com/invite/svJ7dZ75J3
Instagram https://www.instagram.com/thedefiant.io/
Telegram Announcements https://t.me/DefiantNews
Telegram Chat https://t.me/DefiantChat
#TheDefiant #DeFi #Decentralized #Finance #Blockchain
-
8:35
Crypto Dogmas
1 year agoDoes Bitcoin Hedge Against Inflation? (The Answer May SHOCK You)
15 -
25:35
Bitcoin University
1 year agoHas Bitcoin Failed As An Inflation Hedge?
16 -
55:23
Bitcoin People
9 months agoInflation Concerns, Bitcoin as Insurance, and Diversifying Assets | Bitcoin People EP 17: Rich
4 -
15:19
Martijn Houttuin - Crypto
1 year agoThe perfect hedge against inflation is BTC
2 -
15:05
Bitcoin University
2 years agoIs Bitcoin Too Volatile and a Bad Inflation Hedge?
40 -
1:53
Decentralized TV
1 year agoIs Bitcoin TRULY a Hedge Against INFLATION?
3 -
17:45
BitcoinAdvizers
8 months agoIs The Fed Lying About Recession With Rampant Inflation? | Crypto Market Update
8 -
1:01:35
Crypto Empire
2 years agoBitcoin Is The Ultimate Inflation Hedge! BIG Crypto Catalyst
2 -
0:10
InfoUniverse: What do You Want to Know? Join our channel!
10 months agoHedge against Inflation: Bitcoin as a Hedge against Inflation - Fact #19 #shorts
101 -
0:56
JT Knows Things
1 year agoDo You Believe #BTC Is a Hedge Against the Dollar and #inflation #shorts #investing #finance
4