The economic thesis for “why bitcoin” is temporarily falling apart. In my opinion, over the last 4 years (approximately 1/3 of bitcoin’s existence)… Bitcoin has not protected its users from inflation Some people cannot afford a hodl time of “forever” Inflation protection should behave a bit differently All of this considered, When the world is filled with uncertainty I trust the code running on my node

Replies (7)

Over 4 years it's done pretty well at protecting & elevating my purchasing power. Not so much over the last 3 years though. This is nothing new & is often a criticism employed by those trying to discredit Bitcoin as an inflation hedge. I think the bull-bear dynamic of Bitcoin will start to diminish this cycle as the market understands this beast better. We shall see