![]() dollar has lost 98% of its purchasing power. has a long history of debasing its currency since 1971, the U.S. This is particularly relevant today with inflation at multidecade highs, but if we zoom out even further, having a means to preserve wealth becomes imperative. ![]() ![]() One of the main premises of investing in Bitcoin is that it serves as a hedge against inflation. Well, there are likely three in particular - and they all have to do with the U.S. There are likely a handful of reasons Bitcoin has risen to this level of notoriety today, but what trends could give it the next leg up? As these cycles have unfolded, it seems Bitcoin's popularity and recognition as a legitimate investment only grows. There have been multiple crypto winters and, of course, some historically explosive bull runs. ![]() It has been 14 years since Bitcoin ( BTC -0.08%) first launched, and since then, it has been a roller coaster ride. ![]()
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