Can you explain this to me a little more?
If spending is up, wouldn’t the stock market outperform Bitcoin anyway?
If we have rapid inflation, wouldn’t money go into something tangible and of value before something intangible and perhaps of value?
If spending is up, wouldn’t the stock market outperform Bitcoin anyway?
If we have rapid inflation, wouldn’t money go into something tangible and of value before something intangible and perhaps of value?
The dollar is way down. It doesn't matter if the DOW hits 1 million if the dollar is worthless.
But really, inflation hedges don't grow in value during times of high inflation, they just don't lose as much value as the fiat currencies do. That is how they protect against inflation.