The mounting inflation rates are shattering purchase & expenditure plans globally. Owing to this inflationary conflagration, consumers and firms possessing devaluing fiat currency have already shifted to alternatives. Cryptocurrencies such as Bitcoin have become the current choice. Hence, the U.S. Securities and Exchange Commission has incorporated crypto as an investable asset class. Bitcoin Experienced Huge Inflation at the Beginning of 2022 The post The Rich Get Richer: Rethinking Bitcoin’s Power as an Inflation Hedge appeared first on CoinGape.
