Gold will still be the perfect solution in times of inflation, but I really doubt bitcoin because, as we also saw what will happen in 2022 when inflation peaks, bitcoin is also hit hard. Quite frankly, bitcoin failed to fight inflation during the economic crisis in 2022.
In my opinion, Bitcoin will remain an inflation hedge, but it will only work in the long term. This means that we can hold bitcoin to prepare for other inflation in the future, but being a short-term inflation hedge is not possible because of its volatility.
I think it’s hard to say what Bitcoin will do under those circumstances. I’d like to think there’s a future where BTC goes up in value during a recession that lowers the value of other assets. That would certainly put Bitcoiners in an amazing position to grow investment portfolios. However, I have my doubts but remain optimistic.