Why Does Bitcoin Make a Great Inflation Hedge?
from LA Blockchain Summit Hosted by Evergreen Podcasts | IndustryPods
With the economic swing caused by COVID 19, we've seen the US Federal Reserve's money printers go bbrrrrrrrrrr. As a result, you have public and private companies hedging against inflation by buying hundreds of millions of dollars in Bitcoin. But why? What's the strategy here? And how come Bitcoin and not the typical victim, gold? Charlies Bovaird of Quantum Economics and a Forbes Senior Contributor answering these exact questions with the help of Tavi Costa from Crescat Capital, Jake Ryan of Tradecraft Capital, William Herrmann of Wilshire Phoenix, and Matthew Graham of Sino Global Capital.
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