A prominent crypto influencer is doubling down on his belief that Bitcoin (BTC) continues to serve as an inflation hedge even after its deep correction last year.
In a lengthy thread, Bitcoin bull Anthony Pompliano explains to his 1.6 million Twitter followers why BTC is still the best hedge against inflation despite the king crypto’s bearish price action in 2022 when prices of goods and services were soaring.
According to Pompliano, those who dismissed Bitcoin last year missed the big picture.
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“Markets are forward looking. So when the Fed said they were going to bring down inflation, investors sold their inflation hedge assets to buy treasuries and value stocks. They didn’t wait for inflation to come down. They front-ran what the Fed said they
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