🟢 Adam Back: Bitcoin will replace gold as a hedge against inflation
Co-founder of Blockstream Adam Back believes that Bitcoin will ultimately replace gold as the primary asset for protection against inflation and instability.
📌 What he said:
– Bitcoin is like gold, but only at the beginning of its journey
– Expected inflation in the world is 10–15% over the next 10 years
– Stocks and real estate will not provide the necessary returns
– Bitcoin could become the new "digital safe haven"
– The expansion of the money supply in dollars and euros by 50% over 5 years only increases interest
– The USA is taking a pro-cryptocurrency position, and ETFs have already been approved
– BTC volatility is a temporary phenomenon, it will disappear with the development of fintech
📈 Impact: positive — the statement enhances Bitcoin's status as a long-term protective asset.
📜 Historical fact:
In 1971, the USA abandoned the gold standard, which changed the role of gold in the global economy. Now Bitcoin may undergo the same evolution, but in digital form.
📢 Stop chasing the market — start leading it 💼
