Bitcoin BTC is not a hedge against inflation.

Bitcoin BTC is not a hedge against inflation.

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https://preview.redd.it/gih4axq7aa591.png?width=1920&format=png&auto=webp&s=d96e65c780ed563efa6a8fb46ee36728e8579983

https://twitter.com/francis105d1/status/1536144441831854080

The whole cryptocurrency market is going down together with Bitcoin. Bitcoin was supposed to be a hedge against inflation. Yet, when the time to perform came and went, BTC didn't serve as such but instead started following the stock market and all the Ponzi schemes that the Federal Reserve and their money printing enabled, which is more booms and busts.

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#bitcoin #btc #bitcoincash #bch #smartbch #defi #cryptocurrency #federalreserve #dollars

submitted by /u/francis105d1 to r/btc
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Quelle: bitcoin-en