• Does Cryptocurrency Beat Inflation?

  • Jun 23 2023
  • Length: 6 mins
  • Podcast

Does Cryptocurrency Beat Inflation?

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  • Summary

  • One of the major financial challenges the economy faces is inflation. It is the reason that, over time, we feel our paycheck is too small and it is the reason why we invest as well. The goal for people who invest is, of course, to ensure the value of their money increases with time. With that objective in mind, lately, a lot of investors want to invest in cryptocurrencies such as bitcoin and Ethereum. But how do they really know how cryptocurrency is affected by inflation? Some believe it is a good hedge against it while some critics argue it is not. Can cryptocurrency evade the effects of inflation? Is blockchain-based new-age money resilient enough to withstand inflation? In this episode, we will find out the correlation between the cryptocurrency and inflation.
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