Is Gold 2.0, ahem Bitcoin, the Answer to Inflation?

Written by amandawhitcroft | Published 2021/11/11
Tech Story Tags: inflation | monetary-inflation | Bitcoin | gold-2.0 | tyler-winklevoss | bitcoin-spotlight | ahem-bitcoin | cryptocurrency

TLDRThe dollar has lost over 96% of its value since the Fed was established in 1913. The Fed has printed almost a fifth of all US dollars that ever existed in the past year alone. Tyler Winklevoss, co-Founder of Gemini and US Olympic Rower, weighed in on inflation. Bitcoin solves this problem by providing investors with the ability to opt out of traditional inflation hedges and buy into the future of digital currency. Bitcoin is decentralized gold; in a way, it's like gold 2.0”via the TL;DR App

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Written by amandawhitcroft | Founder and CEO of Panda PR & Marketing.
Published by HackerNoon on 2021/11/11