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

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.

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