Tam Shams – Wednesday, August 17, 2022 12:48 am – Although Bitcoin (BTC) has failed to cope with widespread global inflation this year, it should still be viewed as an inflation hedge, according to Stephen Lubka, managing director of consumer sector private Swan. Bitcoin.
According to Lubka, Bitcoin works well as a hedge against price increases when inflation is driven by inflation. They are less effective when inflation is driven by disruptions in food and energy supplies, which he sees as the main cause of rampant inflation this year.
“In a world where commodity prices are rising because of the loss of abundance, Bitcoin will not protect investors from that,” Lubka said.
He points out that bitcoin is a better hedge against inflation than stocks or real estate because it doesn’t require maintenance, nor is it affected by the risks involved in stock-taking.
He explained, “Bitcoin has none of the risks of stocks or housing. It’s a pure store of value.”
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