{"id":140208,"date":"2024-10-21T10:00:59","date_gmt":"2024-10-21T07:00:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140208"},"modified":"2024-10-21T00:42:05","modified_gmt":"2024-10-20T21:42:05","slug":"bitcoins-simplicity-and-scarcity-a-stronger-hedge-against-inflation","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-simplicity-and-scarcity-a-stronger-hedge-against-inflation\/","title":{"rendered":"Bitcoin’s Simplicity and Scarcity: A Stronger Hedge Against Inflation?"},"content":{"rendered":"

As Bitcoin\u2019s price<\/a> <\/strong>continues to fluctuate\u2014at one point reaching over $70k in March 2024\u2014the conversation about its role as a store of value and protection against inflation has only grown louder.<\/p>\n

Anthony Pompliano, a partner at Professional Capital Management, has been vocal about his belief in Bitcoin\u2019s superiority over fiat currencies. Speaking with Fox News, Pompliano emphasized that Bitcoin is less prone to volatility compared to the dollar, which has been steadily losing purchasing power. According to him, Bitcoin offers a simpler and more stable option for investors looking to protect their wealth.<\/p>\n

Pompliano also pointed out how traditional financial institutions, including Wall Street, have missed the bigger picture when it comes to Bitcoin\u2019s potential. What sets Bitcoin apart, he explained, is its inherent scarcity\u2014only 21 million Bitcoins will ever be mined, creating a supply limit that fiat currencies can never have. In contrast, central banks can print more dollars whenever needed, leading to inflationary pressures.<\/p>\n