Inflationary winds from around the world spell a sea change for Bitcoin -Breaking
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© Reuters. The global economy is it in unknown territory?BTC() And inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm.
It is unclear what this means for Bitcoin. Bitcoin was long promoted by politicians as an inflation-shield, though it has not been tested since 2009’s founding. That is, will millions of individuals and institutions flock to BTC as a safe haven — an alternative to gold or the United States dollar?
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