Thx for putting it upfront that you think that Bitcoin is not an inflation hedge. Did I miss you stating what might be 2-3 options for an inflation hedge?
Very good analysis. After reading your article, I have a hypothesis. Bitcoin is essentially a kind of money, not an asset that can generate cash flow. So when inflation expectations rise, it reduces the attractiveness of Bitcoin, and people will invest more in assets that can generate cash flow.
Thx for putting it upfront that you think that Bitcoin is not an inflation hedge. Did I miss you stating what might be 2-3 options for an inflation hedge?
Hi Don, yes there is some analysis in there showing that broad-based commodity-linked indexes (or ETFs) have better inflation-hedging properties.
Very good analysis. After reading your article, I have a hypothesis. Bitcoin is essentially a kind of money, not an asset that can generate cash flow. So when inflation expectations rise, it reduces the attractiveness of Bitcoin, and people will invest more in assets that can generate cash flow.