Has Bitcoin Failed As An Inflation Hedge?

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code LABOR22 to get the best price.

In this video, I discuss whether or not Bitcoin has failed as an inflation hedge.

I conclude that Bitcoin has been a great inflation hedge over multi-year periods, which is the typical holding period when talking about other inflation hedges like gold, stocks, and real estate.

Bitcoin is not a short-term inflation hedge, nor is it a pure CPI hedge.

Reasoning from first principles, it makes sense that Bitcoin will continue to be a good inflation hedge over multi-year periods, for the simple reason that Bitcoin is scarce and the potential supply of fiat is infinite. Unlike other crypto, Bitcoin is highly decentralized, not subject to capture, and it has credible forward monetary policy.

A digital age demands a digital store of value, and Bitcoin remains the best candidate.

Not investment advice! Consult a financial advisor.

Bernanke's printing press:
https://en.wikipedia.org/wiki/Bernanke_doctrine

Consumer Price Index (CPI):
https://en.wikipedia.org/wiki/Consumer_price_index

True inflation and CPI:
https://www.nytimes.com/2022/05/24/technology/inflation-measure-cpi-accuracy.html

Bitcoin multi-year returns:
https://casebitcoin.com/

Historical price of bread:
https://fred.stlouisfed.org/series/APU0000702111

Historical chart of egg prices:
https://fred.stlouisfed.org/series/APU0000708111

Historical chart of median house prices:
https://fred.stlouisfed.org/series/MSPUS

Investment returns from dollar cost averaging Bitcoin:
https://dcabtc.com/

Peter Schiff hates Bitcoin:
https://twitter.com/peterschiff/status/1510777643779739648?lang=en

Check out my online trading courses:
https://www.trader.university/join

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#inflation

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.