Inflation picking up everywhere, buy Bitcoin

in #bitcoin3 years ago

Bitcoin protects against this

One bitcoin will always be worth one bitcoin.

Now, we need to actually get things price in bitcoin for that statement to really carry much meaning, but it is what it is.

With inflation picking up globally we might be getting closer than you might think to switching to such a system.

Germany posted its highest inflation levels in decades:

image.png

(source: https://twitter.com/BTC_Archive/status/1420721264528867336/photo/1)

For those keeping track, it's the highest inflation number in 30 years.

Bitcoin is more of a broader hedge against fiat monetary debasement but inflation pretty much covers that as well.

Just keep in mind bitcoin wont ebb and flow with every CPI print.

It's a broader hedge against central bank schmuckery!

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I will stick to gold and silver as my main, but I have been getting more interested in having some bitcoin.

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