Bitcoin Fails As An Inflation Hedge
Unsafe for legal tender at any speed.
4 min readMay 13, 2022
Years ago, when Bitcoin was just a curiosity to me, I bought some Ethereum. I spent weeks studying it and reading tons of articles. I talked it over with my wife and then we decided to spend almost $4000 on Ethereum. In 2017, I bought ten coins on Coinbase. I bought a little bit of Litecoin, too.
