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RE: Bitcoin as a financial safeguard mechanism to fight inflation

in Project HOPE3 years ago

Bitcoin is a crypto asset in my opinion and inflation is everywhere with any financial instrument that also includes the Fiat currency. I'm not sure how Bitcoin will turn out to be a solution to overcome inflation but if it happens then it's a good idea.

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greetings @reeta0119
They are very right in your aside , but they are alternatives where inflation becomes hyperinflation , as in latin america for example. also I think that with the loss of purchasing power today buying bitcoin can generate profit in the medium term , rather than having the money in the bank or in cash .
thank you very much for your comments