Seeking Alpha
2020-04-16 12:41:09

Bitcoin As A Hedge Against The Upcoming Inflation

This article analyses Bitcoin position in monetary economics and as a mean of fiat currency hedge.Despite critics arguing that Bitcoin’s value will eventually go to zero, I find that economic projections favor Bitcoin as a store of value as opposed to fiat currency.I run three scenarios to evaluate possible Bitcoin’s price over the next 5 years. Following the analysis, the projections show a price range between 5000 and 57000 dollars.

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