Bloomberg Markets and Finance published this video item, entitled “Why Bitcoin Is the Hedge That Never Was” – below is their description.
Advocates of cryptocurrency have long touted Bitcoin as the next generation of currency hedges, predicting that it would replace traditional hedging assets such as gold and Treasury-protected securities. However, despite all the talk, Bitcoin remains unproven in a real-world high inflation scenario. Will the current surge in consumer prices put Bitcoin to the test? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
Bloomberg Markets and Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
