I still can’t believe anyone would buy this false statement…Bitcoin as an ‘inflation hedge’ is the stupidest thing I’ve ever heard in my life,
what a way to play on people’s economic fears by saying ‘inflation hedge’ to get them to buy into a dying operation…
Gold is physical; yes it’s money but it’s also jewelry, teeth filings, electronics, etc. Gold literally has purpose, usefulness.
Bitcoin as an inflation hedge just shows people can believe anything. I’ve been saying that since I first heard that phrase a few months ago,
and now we know 100% certainty that that statement is *not* true as inflation has *skyrocketed* the worst in decades and Bitcoin has *crashed*.
Has Cathie Wood or anyone else who proclaimed Bitcoin’s ‘inflation hedge’ admitted they were wrong? Using her power, authority and platform as a media-hedge fund operator,
to give people false expectations on Bitcoin’s place in our financial system?
No sir, the emperor doesn’t have any clothes on…
No matter how confidence, convincing and charming it may seem to be…