It's not supposed to be but it can be the solution to monetary inflation. AFAIK, it's been an effective hedge against the massive fiat printing during the height of the pandemic.
Do not expect bitcoin to solve the current price inflation as an effect of the ongoing Ukraine-Russia conflict. It's inevitable that the soaring prices of oil and gas will affect all other goods/services.
Topic: Inflation is here Why is not Bitcoin Saving Us? - page 3. (Read 397 times)
Well, as what you and others are expecting, it's the opposite, bitcoin still affected of the current world market especially in dollar and oil, even though it is said to be inflation-proof. Although having bitcoin in long term will show how its said as against the inflation.
What do you want to happen here? Do you need Bitcoin will pump parabolic immediately? I don't think it will be healthy for Bitcoin.
Yes, I agree with you about inflation right now and it sucks too. But I am always looking forward to the long term, Bitcoin is one of the best ways to avoid this inflation. But having no patience, it's useless.
Yes, I agree with you about inflation right now and it sucks too. But I am always looking forward to the long term, Bitcoin is one of the best ways to avoid this inflation. But having no patience, it's useless.
So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?
Why are we not being able to hedge against the inflation and prevent this from happening.
Inflation is very ugly, yet no one is doing anything about it.
why is that?
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?
Why are we not being able to hedge against the inflation and prevent this from happening.
Inflation is very ugly, yet no one is doing anything about it.
why is that?
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