"BiTcOiN iS nOt An InFlAtIoN hEdGe BrUv!"
Bitcoin is literally a living expenses inflation hedge over any 4-year holding period.
CPI is not inflation.
Since March 2020, before the massive QE, which most Bitcoiners said it would be inflationary, until June 2022, when US CP-Lie peaked, Bitcoin was up ~210%.
During the same time, people's real cost of living inflated by 30-50%.
How is being up 210% over an inflationary period not an inflation hedge?
Oh, and by the way, Bitcoin continued to go up, despite a 77% bear market drop, and is now up almost 1,500% since March 2020.
However, anyone who started saving $70 per week in Bitcoin, in March 2020, is up almost 1,000% in purchasing power.
So, how can TradFi bros and eCoNoMiStS claim that Bitcoin is not an inflation hedge?
Because they're full of shit, that's how.



