Worried Another Inflation Surge Is on the Horizon? One Excellent Crypto to Buy Right Now and Hold for Decades.
Bitcoin could eventually become an inflation-resistant cryptocurrency.
If you bought something for $100 in 1995, that same product would likely cost roughly $208 today. That's because inflation, which rose at an average rate of 2%-3% over the past three decades, consistently erodes the dollar's purchasing power.
The latest inflation spike, which started in 2021, was largely caused by volatile commodity prices, rising labor costs, supply chain disruptions, and geopolitical conflicts. Increased government spending during the pandemic exacerbated that pressure.
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