Joel AmpuanDec 17, 2021 · 3 years ago2 answers Are digital currencies a good hedge against inflation?
In the face of rising inflation, many people are wondering if digital currencies can serve as an effective hedge. Can digital currencies, such as Bitcoin and Ethereum, protect against the erosion of purchasing power caused by inflation? Are they a reliable store of value in times of economic uncertainty? How do digital currencies compare to traditional assets like gold and stocks when it comes to hedging against inflation? Are there any risks or drawbacks associated with using digital currencies as a hedge against inflation?