Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation? "There’s a financial joke, whose origin I don’t know, that has been making the rounds lately. It goes like this: If inflation continues at current rates, the purchasing power of wealth held in dollars will be cut in half over the next eight years. But cryptocurrencies can beat that: They can lose half their value in just a few months."
Billions wiped out and rate of destruction is increasing! Anyone plan to buy in to that is braver than I am
