In all parts of the world, rising prices have been making headlines. In the United States, the rising prices are seen across the Pond. Recently, inflation broke a record of 40 years.. Europe’s situation is dire, as are the prices. RisingOver 5% in the Eurozone, and 4.9% within the United States United Kingdom.

While the prices are on the rise (BTC() Flatlining from around $39,000. Many questions are raised about Bitcoin’s effectiveness as a hedge against rising costs. What role could Bitcoin play in an environment of high inflation and were Bitcoiners warned that there was imminent inflation?