What will it take for Bitcoin to be the perfect inflationary hedge
BitcoinWhat will it take for Bitcoin to be the ‘perfect inflationary hedge’08 / 23 / 2022ข่าว Bitcoin Ethereum Many believe that Bitcoin remains a desirable asset. However, according to Anthony Scaramucci, CEO of Skybridge Capital, it has not yet attained the “wallet bandwidth” necessary to qualify as an inflation hedge. On CNBCs Squawk Box, the exec claimed that Bitcoin is still too much of “an early adopter technical asset.” It to be held in about one billion wallets before it starts to function as an inflation hedge, he added. “จนกว่าคุณจะเข้าสู่โซนที่มีมูลค่ามากกว่าพันล้าน ผมไม่คิดว่าคุณจะเห็น Bitcoin เป็นอัตราเงินเฟ้อ [ป้องกันความเสี่ยง] เนื่องจากมันยังคงเป็นสินทรัพย์ทางเทคนิคในช่วงต้น” Worth pointing out, however, that he continues to advocate for Bitcoin and doesn‘t seem to have any plans to stop any time soon. It’s just that Scaramucci believes that BTC has not yet reached that point in terms of protecting against inflation. On the price front, BTC has recovered from its previous decline last week, when compared to risk assets like growth stocks. At the time of writing, the crypto was trading at $21.077 on the charts. Its most recent recovery was very similar to that of tech-heavy Nasdaq Composite, with the same hiking by 0.1% in late morning trade following a shaky opening. BTC hedge against inflation over the years While