Question

What are some potential benefits of using Bitcoin as a hedge against inflation?

Answer 1

Using Bitcoin as a hedge against inflation has several potential benefits:

1. Limited Supply: Bitcoin has a fixed supply cap of 21 million coins, which makes it resistant to inflationary pressures caused by excessive money printing.

2. Decentralization: Bitcoin operates on a decentralized network, independent of any government or central authority, providing a hedge against inflationary policies that can devalue fiat currencies_