[zadler]

There’s still room for it to become an inflation hedge, we still havnt really seen much in terms of USD inflation and people scrambling for the exit.

OTOH, government crackdowns might be able to tank the price.

[throw0101d]

> There’s still room for it to become an inflation hedge, we still havnt really seen much in terms of USD inflation and people scrambling for the exit.

Bitcoin is no more an inflation hedge than gold is, which it is not:

* https://www.nber.org/papers/w18706

* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3667789

and both are something worse, deflationary:

* https://www.nber.org/books-and-chapters/financial-markets-an...

* https://www.goodreads.com/book/show/775143.Golden_Fetters

Gold did not help in stabilizing currencies or economies:

* https://archive.is/https://www.theatlantic.com/business/arch...

and neither would Bitcoin.

[fragmede]

the bet is that the incoming regime won't crackdown and may go do the opposite