Coinme CEO Neil Bergquist on Inflation’s Impact on Bitcoin vs Dollars
In a recent interview with Coinspeaker, Coinme CEO Neil Bergquist delved into the different impacts of inflation on Bitcoin and traditional fiat currencies like the US dollar. Bergquist highlighted that while inflation typically erodes the purchasing power of fiat currencies, Bitcoin’s decentralized nature and fixed supply make it resistant to inflationary pressures. He argued that Bitcoin could serve as a hedge against inflation, providing a store of value that is less susceptible to the economic policies that influence fiat currencies. This distinction underlines the growing appeal of Bitcoin among investors looking for alternatives to traditional financial systems in times of economic uncertainty.