Topic: Bitcoin Investment against inflation (Read 1007 times)

It is a hedge against inflation and many still argue from that description. It doesn't matter whether they keep on arguing about its character as a way to defeat inflation by being someone's asset.

They've got a valid argument because it also declines but they only look at that point but doesn't look at the long term that it projects. Take it the example from the past years like 2012 to let's just say on 2018 which was the hardest bear market that I've seen being in here.

It's really true that bitcoin is a good investment against inflation but we should also consider the market condition before buying it because it is a very volatile asset. Good thing he invested at the right timing that he was able to earn 300% profit. If he invested last year during bull season, I can't imagine his frustration now if he bought above $30k price.

Every time there is a bear market, people think that this time it is definitely the end and there will be no more growth, but this is a big delusion. Every time bitcoin falls, it holds a big price, and in a few years it will be an even bigger price, and now they getting frustrated and weak hands are starting to sell. It’s hard to say now that bitcoin is saving from inflation on bear market, but you need to see the whole picture in order to understand that this will work in the future.

The restaurant owner was lucky, because on short run no one could have assured him bitcoin was going to be useful against inflation. For many investors that trick hasn't been working since the beginning of the bearish market, as bitcoin doesn't stop losing value, although this situation is very likely to change in some years. Then we are going to see all its potential against inflation, but meanwhile patience is needed and a lot of fear, doubt and uncertain may appear during the process due to the temporary crashes impacting our investments just like at this moment.

It was the bear that occurs first and then we have experienced different crises which affected the price of bitcoin. As of now the bear is still here so yes this was still a good time for buying and hodling. Many are saying that the price will fall hard in the upcoming days. You can also try and wait for that, if you want to maximize the potential of your money/capital.

Bitcoin can fight inflation but I think not all times because there are times where its value can also dip hard like what we are experiencing this year. Sometimes skills are also needed like you will need to pull out your profit or convert some of it in the form of a stable coin.

It's better to invest bitcoin than altcoins, even those that still have great value are still held by bitcoin, I also keep some of my bitcoins, even though inflation makes all stocks fall, especially the growth of cryptocurrencies, almost all markets experience a decline in price, at least I invest in assets that really worth it..

This Is very nice, One major problem that a lot of people have got with embracing Bitcoin as a hedge to inflation is the short term view of this asset class. I even read some articles online recently as Bitcoin drops to $17.5k, which says "Bitcoin has failed its inflation hedge test" during this high inflation and Economic collapse around the world and with the short term pull back of Bitcoin.
And this in my opinion are people that has short term brains/view about Bitcoin without zooming out and stomaching the volatility of Bitcoin to see how it has performed in the long term when compared to fiat and other asset. Until when people start realizing this fact that Bitcoin is not for the short term minded people / investors that is only when they could start profiting like this man that invested his profits into Bitcoin and look at what has happened to his investment as at the moment.

The story behind the restaurant owner is nice, I hope they currently have no losses. The prices drops very much and inflation is high. I have a german source here and inflation in europe is not pretty. Source: eurostat / euroindikatoren. Maybe they started early and have good profits. If they are 100% hodler, then they need enough time.

not just that resturent owner but everyone who invested and holded bitcoin back then is in huge profit. but that's an inspiring story to be shared with new people want to come in bitcoin but are afraid to do so for some reasons.

yeah bitcoin is also hit hard but it is still better than stock and fiat.

To be used as a medium of exchange, Bitcoin is still a bit limited because it can only be used in a few countries, which means that not all countries can use Bitcoin as a medium of exchange, although it can still be used as an investment tool and commodity asset. And given its very limited production, Bitcoin is clearly a very suitable investment asset in the long term with the hope of increasing its value in the future.

Glad to hear that bitcoin has proven to be very useful even in times of inflation. because it can be used as an alternative as a protector for the value of assets. so that it does not go down due to the decline in the value of a country's currency.
The steps of the restaurant owner should be an inspiration for us.

If you zoom out you'll see that it's decoupled.


It is more than that. You probably consider it an investment, but it is also a medium of exchange, or a currency if you prefer. Acquiring Bitcoin to fight inflation is not a bad idea, but it is better to do so because it does not depend on a centralized entity to transfer money or wealth that can censor you, and because it has a finite production, as opposed to the potentially infinite production of the currencies we use on a daily basis.

maybe last year bitcoin has reached ATH $68,789.63 in November and after that it looks like the economic crisis is also affecting the movement that occurs with bitcoin. so right now the price is right for what you say, but this is the right time to keep buying and holding on to it.

it is clear that bitcoin if we save it is an asset that clearly gives us an attractive investment and it is true that bitcoin is definitely an investment to fight inflation that occurs.
when the bull market occurs then what we have done by saving becomes a profitable investment.

so this is an opportunity worth continuing for those who want to profit when bitcoin reaches its renewable ATH price.

Among other coins that exist is Bitcoin Cryptocurrency is life force. Because last six months ago the price of Bitcoin had a huge upswing but since then its price has come down to between 20 and 25 thousand. But Bitcoin is mine You will not get a lower price than this. So I think Bitcoin will go back to previous levels after increasing in value in the future.

Well, unfortunately that did not last long.

Bitcoin now more than anything else is following US/China stock market almost candle by candle.

Actually this strong correlation between Bitcoin and stock market started in the first few months after Covid hit, around March 2020 when a big dump and fast recovery pump took place across both US stocks and Bitcoin which then brought us the bull market.

Unfortunately now that inflation is not at its best Bitcoin still is following stock market and SPX chart closely, but I'm hoping for a decoupling from stock market at some point.

Result of any investment deal aside bitcoin, sanction vs oil and gas inflation


https://twitter.com/fomocapdao/status/1564212037739216896?t=IqFsAGWtw6m1AyDLlCSjYQ&s=19

This is one of the typical consequences of what inflation causes amidst it's economy with fiat currency, lot of things have been traumatized as a result of the said economy before the introduction of a digital decentralized currency, bitcoin has a major solution to these old system by running off the inflation radar into a safety independent economy of privacy and security with bitcoin and the blockchain technology.

many people claim that Bitcoin can help deal with economic and financial inflation.
digital currencies such as Bitcoin provide opportunities for people to be in control, without worrying about strong government intervention so that holders and investors do not have to worry about inflation in their country that will make them lose money, instead Bitcoin can be used as a hedge asset when inflation occurs.
especially, in a country that is facing an unstable economic and political situation.

good and interesting topic, and lots of stories of someone who told his life was helped by the existence of bitcoin and they invested in bitcoin. especially during the covid 19 pandemic. a lot of people are focused on investing in bitcoin. and indeed a lot of people who are successful because of investing in bitcoin. so with bitcoin the world economy has been helped. and everyone can do it.

All this indicates that the BTC is the lifesaver of any investment, especially when it comes to countries with economic problems, where obviously the governments do know BTC and have BTC, but their people do not know it 100%, because of this is that arise that some small particular economies, or those who learn about BTC and know BTC take advantage of the market to make their investments, or failing that they trade with BTC, the reason is simple, with BTC money is more likely to grow with respect to a local currency that is constantly inflating, if you have BTC you equate it with USD or EUR which are considered the strongest currencies, and yet the economies of countries always suffer from inflation, now a country that is joining inflation figures is Colombia, to which, it would not go wrong to have some BTC.

Now California based food chain EVERBOWL have adopted bitcoin standard. The founder and CEO Jeff Fenster in his statement mentioned inflation and the eroding purchase power of fiat currencies made them switch into bitcoin.

He have decided to convert all cash reserve to bitcoin. He adds, running business exclusively on cash isn't anymore advantageous. It is too early in terms of corporate and governmental adoption. But, we want to make a contribution to this cause leading with our example.

EVERBOWL offer it's employees salary paid in Bitcoin. And the process of functioning completely on Bitcoin has started.

Data : SUPERFOOD CHAIN EVERBOWL ADOPTS BITCOIN STANDARD

I think the restaurant owner is a very unlucky person, but I think behind his luck there is a proper analysis before deciding to invest in bitcoin, and can save the restaurant. The risk is worth what you get now, the benefits are great.

In developed countries like London Information about Bitcoin is very easy, almost everyone knows it, especially young people. But in developing countries information about Bitcoin is still difficult to find.

at least having prior knowledge about bitcoin would be better before we transfer our fiat currency to bitcoin. with the increase in price from the beginning of bitcoin standing until now, its growth is more profitable than fiat where inflation always increases every year. but we must not forget that not every year bitcoin will continue to grow, so we must learn to take advantage of the moment

its very clear and quit understandable that Bitcoin on it's own is a pure investment and it brings upliftment if you set it well and adventure into it with sanctity, validity and trust.

The owner of the investment have a stractegic of business, i believe that the essence of not accepting payment with bitcoin is because of security aspect of cryptocurrency via government, while are the generated income is been allocated or channels to purchase more cryptocurrency in other to increase his financial strength, i think that's wise ideas.

Of course, this is a great story and indeed, those who were previously able to transfer their funds to BTC were able not only to save their funds, but even increase them. However, it is good when BTC grows and its holders have the strength to keep it without selling it, especially when the price falls. As we understand it, it is very difficult to do this, and many people very often panic and sell BTC. In principle, for many, this is also not a novelty, which means that not everyone will be able to repeat the success of those who have already been able to earn or buy BTC, for example, for $12,000. However, if we assume that BTC will continue to grow in the future, then it is probably worth thinking about how to start transferring your fiat funds to BTC in order to eventually avoid inflation and also earn more money.

This is a nice motivation but for the restaurant to have survived on Bitcoin it meant the was patience in holding even when Bitcoin fell massively during the outbreak of the pandemic the patience to hold was there and since  the don't transact with crypto yet the found a way to invest their fiat into Bitcoin saving up for the inflation day which finally came and Bitcoin did the salvage. If I was to title this i will simply call it Bitcoin also saves

Whether it is bitcoin or some other investments, there is always risk associated with it. The responsibility is with the respective person to learn and invest. Here it is not about luck, not about faith, but the mind to take risk. It has proven record, yet we don't know about tomorrow's market situation. So, this is all about risk. The restaurant owner have taken the risk. Further comes the luck that gave him the return. More people have done it and I personally see Michael Saylor as a key person who started converting cash to bitcoin fight against inflation.

It's not just luck, but it's more on the faith of the owner to take the risk from investing his fiat into bitcoin. He must be exceptional. This serves as a living proof that bitcoin can be a great alternative this time as we can't control anymore the continuous rising of inflation. But, for beginners, and even to those who are still in doubt, study first about bitcoin before you invest as there's always set of risks associated in it.

They were so lucky, you know that wouldn’t have worked for everyone. They invested at the right time, because during the pandemic was when we were getting close to the next halving, although some people found it difficult to believe that Bitcoin would be bullish after the next halving because of how far it has plummeted during the covid-19 pandemic.

So, they invested at the right time, because if it was some years before that halving, we all already knew that it would take long for the bulls and they’d run out of patience. The good thing is always how Bitcoin has been saving a lot of businesses and people.

well he's a smart owner wherein that really wants to save his business. just imagine despite that they don't accept bitcoin or any cryptocurrency when it comes bills but they jumped in to bitcoin when it was at dip.. How is that possible? Probably bitcoin is so popular in their country reason it is their first choice to at least they can make profits despite of the pandemic. That's a smart move to be honest.

Again, I'm not sure the purpose should ever be to profit from Bitcoin, but simply to protect against inflation in the long term. Of course, it's nice to put a balance sheet in Bitcoin and then get double, triple, or more the value in a few years' time but the purpose really is to ensure you still have the same spending power -- be it as business capital, or simply to pay wages. You're almost guaranteed to be in a weaker position year on year if you keep in fiat. Bitcoin, up and down, but certainly over the long term, enough to overcome inflation.

So it's less about holding I feel, and less about profits (although with the likes of Saylor it's hard to tell what he wants or is attempting unless you're happy to take his word if not his actions).

I think this could be said if it were not for the volatility in the markets. In the long run, this is an excellent hedge against inflation, just because after each correction, we see bitcoin all at new heights. I am sure that by owning bitcoin we will not only save ourselves from inflation, but we will definitely get an excellent income. I look at bitcoin and blockchain in general with great optimism and nothing can change my mind.

Any company that has plans of profiting from Bitcoin, now would be the perfect time for them to start buying. If they really have plans to hold it for long term, they can go ahead and start investing now and hold in a secure wallet for them to be able to sell in the future when the market goes up again. We know for sure that Bitcoin will be going up again, so now is that perfect time.

And businesses that would invest in Bitcoin right now are really going to make huge profits out of it, because in the future that is coming, the increase in Bitcoin is going to be really huge compared to now, and we would for sure be crossing $100,000 price.

Then maybe you can go and visit El Salvador because for sure, you will not be affected by inflation as you will be using bitcoin as a mode of payment. In most countries, of course inflation is there, that is why we have to invest in bitcoin with a higher allocation compared to fiat and maybe hold it until another developing countries will start adopting bitcoin as a legal tender. Arizona state senator propose a bill about bitcoin to be a legal tender, once it will be successful, then we can go there also to avoid inflation.

Most likely, poor people are definitely most affected by this high inflation knowing the prices are rising so they can only buy those who can fit to their budget, thus lessening their purchasing power. But if we can take the side of bitcoin, that is the only investment that will beat inflation so definitely it will increase our savings because it will discourage us from spending, and it increases our purchasing power because of low prices.

That's an interesting experience story. Bitcoin makes transactions feel easy and fast, even though its value fluctuates, Bitcoin can still be used in several aspects that we ourselves don't really understand. However, this is a sign that Indonesia is starting to be noticed by other countries after a long period of not being exposed.Many of those who are in a condition like this have to take care of their children, this is an obligation, but if you can't afford it, you don't have to do it.

Nice story indeed, missed it when it was posted. Personally knwow of two businesses also doing the same, just a year or two before the 2017 rally. Paid of handsomely for both, saved one during the following winter bear... For the other, allowed a huge expansion with al kinds of diversification.

Even  doing so in 2017 would have provided a windfall today. And anyone going in now would be very pleased with where they would be post next halving. Roll on, Bitcoin balance sheet!

Many people who already know that Bitcoin is an anti-inflation but only a few of them can indeed run and know Bitcoin well.
It proved now. We can see a lot of people who panic and sell their assets when facing a decline like this.
Because now there are so many beginners and the FOMO who only participate here without studying first.

Indeed, there are some of those people like that and the fact that they're not that worried about the increasing inflation but worried when the crypto market fluctuates and suddenly they will go panic mode but for those who truly had wide understanding on how this market works are quite fortunate because they're the ones who will be successful for taking the risks. Ofcourse, every investment we make do have some risks, it's only up to us on how we handle it to minimize the risks to make it profits.

alot of people think that bitcoin is a bad investment because of the dips.

however if you buy a brand new car. and want to sell it the next week. you are not going to get the new car price. you are going to have to sell it for less.
if you buy a house at market rate, but want to sell it within a month. where you cant wait around for market rate to give you profit, nor wait for a fair offer, again you end up selling for less.

heck even the 'cash for gold' businesses rip people off by under valuing gold when people need money same day.
but you can limit your short term loss/break-even buy first not buying bitcoin at a premium.

what people need to do is stop looking at just the market rate.

instead look at the value window of bitcoin
(call it $30k-$70k the last couple months)
(call it $34k-$83k at this point of writing)
 and THEN look at the price within this window. if the price is near the cheap value. then you know its good time to buy. if its near the top premium then its bad time to buy

many people know this by avoiding buying christmas gifts mid december where everything is a premium. and instead buy early on black friday or buy late in the january sales.

some peoples issue with bitcoin is more about the rush to get in and rush to get out. they dont plan their trades. they just react to emotion.
retailers love customers that react to emotion. like seeing a christmas advert. people instantly buy without thinking what time of the year is best to buy. retailers hate customers that wait for the discount sales
..
you cant escape inflation. but you can hedge against it.
imagine bread was $1.50 in 2012. you have $6 on you and btc is $6. but you want to make sure in 10 years you have 4 loaves of bread.

meaning you could choose to:
A) buy 4 loaves of bread in 2012. and freeze them and hope they still taste nice in 10 years..
B) keep $6 and spend it in 10 years
C) buy 1btc for $6 in 2012

then 10 years later
A) the bread has crystallised and gone bad
B) bread is now $2 so you can only buy 3 loaves
C) btc is now $36k meaning you can buy 18,000 loaves of bread, by selling coin for $ then buying bread

C seems better option. even if you cant buy bread direct with btc you are still better off with C compared to A or B

Do you buy when the sale starts or when the prices are high?

When the market price rises you are going to spend more to get less BTC.
When the market price drops you spend less to get more BTC.

If your objective is to get more BTC per USD/fiat, ask yourself when you should buy. Unless you can answer this question, do not trade at all.

Bitcoin's system of minting is deflationary and that is an advantage over an inflationary currency. But one cannot exist without the other, you can spend your bitcoins in any country you wish to due to lack of the machinery needed to accept it as payment. When you are selling BTC for fiat so you can spend it, inflation will hit you. In other words, you cannot escape inflation by investing in bitcoin, just like taxation.

Many people experience stress when inflation occurs in a country. especially for those who cannot control their finances when they are rich and only realize when their difficulties occur. investing in bitcoin is one of the supporting factors in helping fight inflation and a very powerful way for now.

I think before you decide to invest in crypto or in all types of investment, you must have good knowledge about it so you can make it grow. It would be useless if you only invest without setting a goal to be achieve.

However, investing in crypto, or bitcoin, will definitely hedge against inflation. Hopefully, this great story will open our eyes that bitcoin is the perfect investment right now so we can regain the growth of our economic condition and that we will not always struggle from the negative effects that this pandemic has brought to us.

Yeah, I agree. Cryptocurrencies are a new asset class, and are not going to go away, and it is important to realize that there are a lot of double-counting and foolish speculation going on and I hope this makes people more rational when they invest in this asset class. We may have gold coming back in the future, but I do not think that Bitcoin is going anywhere and I think it will be around for a long time to come. So, when the price of BTC is falling, which is often these days, if you are a trader, you should buy on the drop and sell on the rise, and if you are a hodler, hang on for the long-run.

In fact, investing when the price is low is the best thing to do, because it is interpreted as buying cheap, it is always good to buy cheap to sell high, and when it comes to BTC vs Inflation, I think it is much more profitable to have BTC in the Today than the same GOLD, since gold can represent a good investment as long as it is owned a lot, and is accepted worldwide, but the price of BTC in a possible situation in the face of high inflation, even so if the BTC is low, it is superior to the inflationary economy. If not, you can ask a Venezuelan, an Argentine who has 1 BTC to see if his investment has fallen since he bought.

Investing in bitcoin is good choice when it bullran, but when it bearish moment, we have to avoid the market until it is reversal

i think they developed that confidence from their long observation from this market and also their Owner/bosses knows how to risk and earn and that is how Bitcoin and  most crypto become profitable and worth trusting.
now that this business shows success? I'm sure many in his same line of business that will consider acting like that.
and they may invest part of their income each month in crypto less risky that what the owner of this did in the last year investing.
they may late in profiting but worth a wait like this one.

This a good proof that investing in bitcoin is always a brilliant move to double or triple your profits. And with the owner's faith in bitcoin, he managed to make his restaurant becomes more progressive that led to adding more branches to it. And its definitely another wise idea to install bitcoin atm machine in each branch as people will be more expose to it and start embracing it as a currency that can hedge inflation. If all the people around will be aware of his own story, this will pave way to widen the acceptance and adoption of crypto that will be the best solution to fight with the endless rising inflation.

bitcoin has a strong power in dealing with inflation in a country. bitcoin has a different movement with some fiat currencies which are the benchmark for world inflation. when inflation increases, the price of bitcoin goes up, so our investment is always safe to invest.

This is a very inspiring story, a story of how believing in the potential of Bitcoin has presented an opportunity that could bridge even the economic challenges brought by the pandemic. I am glad to know that the restaurant owner has now been embracing Bitcoin on his utmost power, like the provision of Bitcoin ATM in all of his restaurant branches. I hope that this could be a way for the people of Canada, and even the establishments to recognize the power of crypto and to start trying to adapt, especially that there has been some issues going around about the banks rejecting of blocking crypto transactions.

The restaurant owner got lucky as he invested on btc at a lower price. But if he bought at peak like for example in the 60k level, of course, the story will be different. But it is good that he saw the potential of btc and bought it. As many businesses are shutting down, his is about to expand. So this story is an inspirational one and we can attribute it to btc's price volatility. A lot of people are not comfortable investing in btc because of this aspect. But if you know how to get around, you can very well be compensated.

Indeed. But only few people have realized this since they all believe in fiat which is now heavily affected with the rising inflation. But what the owner has did through putting bitcoin atm machine in all of his branches is definitely a good strategy that will open the minds of people that bitcoin is a good alternative to fiat that can hedge inflation and can save your own economy from collapsing. Because bitcoin itself is deflationary, so we can expect that it will surely beat the inflation that we are facing right now.

Bitcoin is good both as an investment and a means of payment, especially in the current financial situation.

What's worrying right now is that there are many beginners who still don't know anything and are still following people, whether old investors or YouTubers who always provide updates about this, which makes their panic grow.
learning is the most important thing but besides that there are several other factors, namely don't believe what people say and maybe when you are on a path like this, don't look at the market too often because we are talking about the long term, not for a week or a month.

Actually that was not long term to be considered as semi long term as they only keep the currency for short term and converted back to fiat to invest in new branches of their restaurant .

though i love the Idea of keeping the holding for your funds and risking it without any assurance like in volatile market as crypto.

they done perfect timing and now they are benefiting from that risks.

Some people do not care about inflation but care about the fluctuation in the crypto market. Those who accept the risk will figure out how they can minimize the risk so the impact will not be too big if somehow the market is dropping like today. They will have their time to buy more, not just bitcoin but also altcoin if they think investing in altcoin will give some good returns in the future. Inflation will happen to the country, but in crypto, we will always see the fluctuation many times so I think we will be ready if, somehow, the inflation come to our country.

Some people's fear I think is not the inflation that occurs in cryptocurrencies. but is a volatile market of crypto assets.
studies that have always been opponents of crypto (bitcoin) which always lead to negative values in their use. So far, as a commodity investment asset, I think it's safe. but as a currency, of course, there is a lot of debate.

Those who dare to take risks will be more successful than those who are afraid to take risks in their lives. Learn from a company that invests some of its capital in crypto which is of course very risky but safe from inflation. this is an example, that investing in a smart way will be more profitable. Before an investment is made, doing some research is very important to know whether it is safe or not. Cryptocurrencies have a broad scope and are not affected by inflation.

This is also something that I’ve been doing for a long time now and it has been really helpful to me. I have been investing in Bitcoin with the money I make through my business, although it might be risky at times, because the price of Bitcoin do go down, but as long as you are able to hold on with the investment you have made, and also making a proper planning before investing the money in Bitcoin, then you are really going to benefit from it. I’ve been able to make good amount of profits through this investment and also have invested back in my business and took it to another level. So Bitcoin is indeed a treasure to those who knows what it is.

This is really interesting incident to know about. It is very important that every business have an asset or a means that they are investing as a way to hedge their funds against inflation. Any business that doesn’t have another investment that they’re doing to support themselves, then it's going to be quite difficult for them To grow. But when a business is investing in different assets, such as Bitcoin, then they will be able to make big profit that can help them to keep on growing.

Most people till now don’t know how important it is for them to diversify their funds. You can have a business but your money shouldn’t only go into the business that you are doing, you should try to look for other ways that you can make your money work for you, and not just keep it in your business, because your business can have challenges at anytime and the only thing that might save you is the investment that you have done in other places.

I pay respect to the company/individuals that rely their business to into something more risky but profitable like crypto market.

even if it is not Bitcoin at least in crypto investing.

and this company did the best shot and now they are benefiting to what they had risk , imagine having new branches now? that is the best reason why they need to believe and use crypto .

Showing support to it and understanding how it can protect us from the rising inflation as best financial asset will automatically gives us returns like you have seen.The branches are now expanding and installation of Bitcoin ATM at the restaurant will provoke other's also to use it and have the exposure.Once you understand it and accepts it you really don't need to care about anything else.

Means he got the right timing though if is much better if he did made investing when the price drops to 4k and surely they will be having another 8 branches now 

but congratulations and they deserve that success because they trush bitcoin and the cryptocurrency market.

It was more than that. People recognize how absurd it was for the government to tightly regulate the fiscal system of their country, so much so that the inflation rate spiraled out of control as a result of shutting down the economy. The pandemic was the best thing to ever happened to crypto, it catalyzed adoption. It wasn't a matter of boredom that people recognize crypto to be essential, merely looking into it as a result of being stuck at home, it was necessity.

It wasn’t really the inflation that the owner’s Bitcoin investment saved the restaurant from. It was the pandemic or its economic impact in particular. The pandemic has brought a lot of small and medium businesses to their knees. The months and months of lockdowns have forced businesses to close shops. Upon partial reopening, people are still discouraged to come out, restaurant capacities reduced to 50%, and so on. Further lockdowns even followed. If it was only the 4-5% inflation, a lot of businesses like this restaurant could still have survived.

If we don't study Bitcoin well, of course we will not understand how Bitcoin works and will panic if we see a market crash. Even though Bitcoin
can always recover if it experiences a price decline, so only people who are patient and don't panic when the Bitcoin price falls, including people
who will be lucky in the future. We really shouldn't be easily influenced by other people, we have to believe in our own choices. Because
we ourselves know what is best for us, so if we think Bitcoin is a good investment choice, feel free to keep collecting as many Bitcoins as
possible. Moreover, the price of Bitcoin has now dropped below $40k, this becomes a good opportunity to buy more Bitcoin.

It's already on the first post and how it had gained profit during the bull run and they don't accept any cryptocurrency as payment. Why it had gained profit, they've managed to invest from their fiat to bitcoin.

It is profitable but it's not for all of the people that have tolerance in taking risk. It's not for those that are thinking that it's one day investment profit. You have to plant and see it grow just like the other usual investments.

when they say that there are so many people who panic so that they sell their assets here, they must be new people and indeed just joining in on this path, it is very clear when bitcoin is experiencing a correction they are very panicked and sell their assets even at a loss.
I personally don't really care about people who really don't believe in the future of bitcoin because that is their choice. but on the other hand don't stop me from being here because this is my choice.

I'd love to hear a story about how this restaurant's profits have skyrocketed since they started accepting bitcoin and other potential cryptocurrencies as payment for their services. We all already know that investing in bitcoin is very profitable, including for business structures. There is nothing surprising. The only fact that deserves attention is that such an investment was made by the enterprise, and not by an individual. Much more useful for cryptocurrency would be its use as a means of payment, rather than investment.

Yes, and it seems to have become part of their plan that bitcoin can be trusted both as a hedge against inflation and as a profitable investment over the long term, and yesterday's ATH was astonishing evidence for everyone if they looked at bitcoin's footprint.
and even though they say it is too late but they are still optimistic that amazing things will happen again to bitcoin no matter how long they will wait and we will still set aside some to invest in bitcoin to grow their holdings.

what the OP said actually many have experienced it and it is proof that bitcoin is a blessing in a pandemic situation and whatever it depends on who is living it patiently, seriously and consistently the results will be satisfactory and also supported with sufficient knowledge.
and it is also a proof that bitcoin is getting more and more popular and its users are also continuously increasing which will increase the price of bitcoin in the future which is important trust.

Bıtcoin > GOLD

I'm always happy to hear stories about someone's success investing in Bitcoin, because it proves that Bitcoin is a great asset choice for investment.
But the problem is that there are still people who are not sure about the future of Bitcoin, then they are not able to hold Bitcoin when the price drops.
In fact, if we look at Bitcoin's performance from the beginning of the pandemic until now, Bitcoin has experienced a very significant increase,
even when compared to other assets Bitcoin has the best performance. So we have to learn to trust Bitcoin, and start collecting Bitcoins as much as
possible from now on. Compared to having to save money in the bank, whose value will continue to decline due to inflation, better investing in Bitcoin
can be a retirement plan for the future.

Online jobs and as well as online investments especially Bitcoin had saved a lot of people. Having known about crypto, everyone who took this opportunity has been given the chance to survive this troubling situation we have. If we tried to look at the chart, this pandemic even help the adoption grow stronger and saw the price go high. Bitcoin not just saves us but we also help it to get spread globally and improve adoption as many establishments, countries are into this.

Man's updated thinking takes his business to the pinnacle of prosperity.In any case, there should always be an update. The man we are talking about here is the one who started the bitcoin transaction in his restaurant.However, it is a much better idea. All thoughts will go further than thought. The world will reach the peak of further development.And the crypto world will go further.

a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here

Glad after hearing that story,
It's just a miracle how bitcoin blase those people who were stuck in the pandemic, and I was one of them. During the pandemic, the bitcoin market increased because many people took an interest in cryptocurrencies while sitting home, and the restaurant owner took the right decision.
 I saw many businesses flop due to covid-19, but this owner proof nothing is impossible if your work hard.

Government won't burn dollars. They can print their fiats from thin air and do give-away events to their citizens but they won't officially operate and announce any burn events as deflationary mechanism. They can burn damaged or unusable fiats but it is not burn for deflation. They will mint more new fiats to replace it later.

Bitcoin is deflationary by design which can not be changed by a single person. Changes are possible but only if the Bitcoin community can reach to a consensus for big changes in protocol. I think the community will never vote to change Bitcoin from deflationary to inflationary. If dollars go down in purchasing power more and more significantly, more people will recognize this painful fact, and Bitcoin will be their choice to be survived and get rich.

Purchasing Power of the U.S. Dollar Over Time

I do think some people consider it a currency and some consider it an investment, I do think that considering Bitcoin an investment is always a good idea, I do think that it's nearly impossible to trust any investment right now because of the current market situation but when we consider bitcoins and cryptocurrencies they are not only profitable for the people during the time of pandemic but at the same time the whole system is collapsing and close to destruction. Inflation is something that people have to tackle right now and in some countries like Ukraine the government is ordering the cheapest markets to remove the cheap products because the government wants to regulate the prices. It's not just the pandemic it's the whole government handling of the situation.

Seeing as Bitcoin was created as a deflationary money system, it is a very good investment against fiat inflation, I would say. However that can also go both ways. So if for some reason, the US government decided to start "burning" dollars as to increase the buying power of each dollar, then by contrast, this would drive the price of Bitcoin down and could also push people invested in bitcoin into a panic sell.

But I doubt that will happen.

I have highlighted some points that can be taken and the readers are very clear that this is proof that the benefits that Bitcoin offers are long-term durability of value. The addition of 5x more branches than usual indicates that the restaurant owner already knows what he should allocate for his future. This story is a big picture for the economic industry when it is experiencing a crisis that is not balanced in financial management during a pandemic.

It can be helpful this time, in this pandemic time but it is not a good strategy if a small company save all business fund in Bitcoin or any cryptocurrency.

I know Bitcoin has very good growth rate but it is only safe in long term perspective. If a small company save all fund in Bitcoin and if things on the market go badly in short term, it is terrible for that company without other resources. Then the company will have to sell Bitcoin for fiat. What if they have to do this in a 30% crash? It's terrible situation even you know Bitcoin will recover and grow more in next few months or years.

Accepting Bitcoin for small shops is nothing more than an addition, but it cannot build an economic model by accepting BTC alone.
Thus, retailers are using bitcoin as a hedge rather than as a payment method, but with cheaper fees and increased adoption, more users will use cryptocurrencies as a payment method.

After several years, we will start hearing stories of establishing shops that accept BTC ONLY without relying on other payment methods, just as is happening now from digital shops that do not accept cash.

The inflation rate is always rising in long term in any place and any country but still, during this time and during the economic crisis inflation rate was rising even faster and people had to find an investment way to suffer inflation in their lives, so many people started to search and find new investment methods and one of them is investing in bitcoin and other cryptocurrencies however this market can be very much risky for some people but still can save you from the rise of the inflation rate in the long and mid term.

Well, I bought bitcoins in Feb 2017 for $1,189 and then sold some of them in Oct 2021 for $61,374. So in 4 years and 8 months my return on my initial capital investment was 51.6 times my investment back in 2017.

Ok... using an online Interest rate calculator ... I calculated that with an investment of $1,189 back in 2017 ... your return on investment at an interest rate of say 5% p/a .... you would get compound interest of $328.50 for the 5 years and your end balance will be $1,517.50.
  (After a 4% Inflation Adjustment = $1,247.27)

Does any other investment options, even compete with Bitcoin ? ( Was I just lucky .... No several other people could have done the same, during that 5 year period... with a little less profits that would still wipe out any competition )

^
Good point, valued @ $12,000 that was before inflation started to bite. The Bitcoin
market value hasnt been at $12k since October/November 2019.

Anyway it was a good move for sure, the owner could maybe forsee the virus which
was largely confined to China becoming a pandemic. In the end and currently Bitcoin
as we know has become a hedge against inflation which currently is at a 20 or 30 year high.

Can we really call it a hedge against inflation? I don't think so! It is a hedge against uncertain times. Every business has their investments. What unique here is that they have invested in bitcoin which has given them an unexpected return which saved them from going bankrupt when pandemic hit.

It is good that such stories are coming to light. I am sure we have millions of such stories available all over the world where bitcoin has done great to someone's life. That's the beauty of bitcoin and decentralized technology.

Well, if Bitcoin is the best investment against inflation it is because it is simply the best investment. What gives you the best return is what protects you the most from fiat devaluation. It just lacks to be a little less volatile, but the day that comes, it will be less profitable too.

Regarding the restaurant owner, he has done something similar to Michael Saylor, put his fiat reserves in Bitcoin, he only needs to get into debt to be 100% like Saylor. We do not know if there is any debt in this business expansion, so although he is not borrowing directly to buy Bitcoin, from an accounting point of view he would be doing so.

I guess the restaurant owner is already knowledgeable of bitcoin that time that's why he take the "risk" on hedging his balance sheet into BTC. So I emphasize risk because that's how it is, and the good thing is that we are just in the bull run that time so at $12k->$69k all time high indeed it did paid a lot.

So it's a cool story but I'm sure not everyone has the guts to put their capital on bitcoin right now as we might be in the bear market already.

Timing is everything if we wanted to hedge on bitcoin against inflation, in my opinion. Specially if you are in a business just like the guy in the story.

What a good story we have right here. The pandemic was both deadly both for human beings and businesses as well because there are lots of people who lost their job and companies that has closed due to the declined of their sells and some of them didn't recover even though the pandemic has already subsided. It was really a big opportunity if they tranfered their money to bitcoins at that time and we glad to hear such stories of success. That's really a hard decision but he still decided to do it and the fruit of his determination is sweet and success. Congrats to him and good luck in his upcoming branches.

Bitcoin is deflationary because its total supply is 21M at beginning and in the end, in 2140 after 21M all mined, no more new Bitcoin will be created on Bitcoin network. Real total circulating supply will be less than 21M because millions of Bitcoin were lost and will be lost.

With Bitcoin, if you don't own or lose your private key, you will lose your Bitcoin. I am sure many people lose their Bitcoin because lack of knowledge, carelessness and unexpected accidents from catastrophe to human-made reasons.

Fiats can be printed by governments if they want to print more. All fiats lose their purchasing power because of inflation which controlled by governments. Unfortunately, governments don't want to control inflation and their policies are only delaying effects from inflation. In long run, effects occur and affect our lives.

I laugh out loud - LOL! - when I see claims that bitcoin is not a hedge against inflation. Yes, bitcoin has steep downward movements during bear and even bull markets, but it has outperformed every other asset since its inception.

Why is bitcoin so popular, aside from its decentralized nature? It is FINITE. It is LIMITED. You cannot make more than 21 million bitcoins. Hence, bitcon is digital gold. In the long run, bitcoin is a hedge to inflation!

And wants to start accepting only these days which means they've bought the BTC they have.

For a restaurant to plan 20-25 branches in the coming years seem to have profited a lot while the economy is crumbling down. Bitcoin saves the lives of the employees too. I wouldn't really try to expand if I were the owner of the restaurant for now. As long as the covid19 crisis still exists, there may not have a good result. Maybe try to if the country where they'd be expanding is more stable than where they currently have.

As of the moment, this is one of the best act they did so far. Even they don't yet accept Bitcoin, doing like this, it is already showing support to Bitcoin.
For sure, the owner learn so many lessons, especially on finance, how Bitcoin really works too and he also learns how to invest properly and the power of Bitcoin as a store of value.

There was no doubt that many small and medium businesses took a huge loss during the early stages of the pandemic and this is an encouraging real life story for them. The only negative thing there is they still do not accept BTC as payment but I also understand the decision as it gives them more option or become more flexible on the amount they want to invest.

Nice story.

I guess everyone who has held bitcoin before the covid-19 came up to this point, we all share the same story as him. Bitcoin has helped us to at least have some solutions financially during this crisis.

The bull run has helped a lot of us and especially the patient ones that have been holding for a long time. His business has to roll with fiat and he just can't accept payments directly in bitcoin. But it would be easier for him if he would do that for his bitcoin customers.

A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic. Restaurant named Tahini has moved its balance sheet to bitcoin once after the decline in the sales. It has got only three branches around. Hamam, the owner mentioned the restaurant's bitcoin investment have spiked to 300% and has served as a hedge against the inflation. The restaurant doesn't accept cryptocurrency, but it continues to invest the fiat on bitcoin. At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Now to encourage cryptocurrency investment he have installed bitcoin ATM on all his restaurant branches.

Data : Bitcoin investment saves London restaurant chain from collapse