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Is Bitcoin a way to hedge against inflation? Why BTC Hasn’t Behaved Well With Peak Inflation By Cointelegraph

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Is Bitcoin a way to hedge against inflation? Why BTC Hasn’t Behaved Well With Peak Inflation

Many things have been anticipated since its inception in 2009. However, the most popular aspects were a fungible form of future money and an inflation hedge.

last bitcoin (BTCThe halving cycle (a bonus halving event that occurs approximately every four years) coincided with the outbreak of the COVID-19 pandemic, cementing many people’s faith in emerging technology as a true hedge against inflation and worldly disruption. However, BTC lost 75% of its market value after one year, and not much will agree with the inflation hedge theory.