Financial Digest

Is Bitcoin an Inflation Hedge? Here Are the Arguments on Both Sides

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Two experts, Zach Pandl of Grayscale Investments and Eswar Prasad of Cornell, make their cases on whether bitcoin is protected from inflationary pressures, or is more of a speculative investment

Bitcoin is scarce, that much is not in doubt. But whether that makes it a good inflation hedge is debatable. Here, a crypto automated-teller machine in Barcelona.Bitcoin advocates have talked up a number of selling points over the cryptocurrency’s 14-year history. It is anonymous. It lets you make secure transactions without getting a bank involved.

Shares of the chip maker were big holdings of the large-cap growth funds that led gainers over the past 12 months.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Volatility is back—Here's what hedge funds are doing during the market's wild swingsAmid the elevated volatility, hedge funds increased their short activity, while focusing on quality stocks, according to Goldman Sachs' prime brokerage data.
Source: CNBC - 🏆 12. / 72 Read more »