Money is key to markets, enabling trade and economic calculation. Its value, its purchasing power, is eroded by inflation, which benefits the connected at the expense of savers.
Billionaire Paul Tudor Jones said that bitcoin, gold, stocks would be the best portfolio to have to fight against inflation in an interview with Bloomberg.
Forget Dracula and werewolves—this Halloween, the real terror comes from a fiat currency money printer costume. While inflation haunts our wallets, Bitcoin steps in as the hero to save us from the horrors of currency debasement.
As technological progress compounds, the free market inexorably moves towards diluting storeholds of value. Bitcoin is the deep freeze your portfolio desperately needs.
Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis.
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