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RE: Cryptocurrencies Vs. Inflation, do cryptocurrencies serve to protect us from inflation?
Dear @tocho2
I enjoy reading this post a lot. After all, topics related to technology, business, economy etc are at top of my list.
Personaly, I consider Bitcoin to be superior store of value. Kind of like Gold 2.0, but in some way much better (easier to transport, easy access to liquidity, bigger community = more noise).
And I believe, that in times of strong inflation more people will be running away from FIAT based currencies and look for "shelter" in many different assets. Bitcoin will most likely do well, partly because those who buy it are doing it mostly to protect themselfs from inflation. Which is just unfolding.
So this fact alone will be working almost like self-fulfilling prophecy.
Upvoted already :)
Cheers, Piotr
Thanks a lot Piotr friend..!