Bitcoiners Don't Root For Inflation But In 2022, We’re Planning For It
The trend of fiat currency inflation in 2021 will worsen in 2022, and those holding bitcoin have planned for it.“Paper money eventually returns to its intrinsic value: zero.”–VoltaireInflation was one of the most widely-debated topics in the mainstream media throughout 2021. We’ve been fed lies throughout the year, with some outlets suggesting that inflation doesn’t exist, inflation is low, inflation is transitory or inflation is good. Anyone paying attention knows none of these things are true. Inflation is absolutely here, it’s not going anywhere anytime soon, and while we could debate....
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Bitcoin‘s role as an inflation hedge is popular, with one expert stating that ”you don‘t need Bitcoin until you do.” Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom. While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know....
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