Bitcoin first reached 58,000 on 2/21/2021.
3 years and 7 months ago.
If you bought bitcoin on this date and hodled, Bitcoin has not been an inflation hedge.
3 years, 7 months is 22.5% of bitcoin’s existence.
Good Morning.
Global liquidity is largely unchanged since then. Seems like it's hedging good.
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Cost of living has increased drastically since 2021.
Due to printing done before 2021. Capital / Commodity markets will always front run cost of living.
