Bitcoin Industry insiders once touted Bitcoin as an inflationary hedge, but economic reality has called this logic into question. Can a stablecoin provide the solution that Bitcoin can not? Today Bitcoin is trading at $19,686, down 71.4% from its all-time high of $69,044 last Nov. With many countries around the world experiencing inflationary problems, the expectation would be that the price of Bitcoin should be rising. That simply is not happening. Has Bitcoin failed? With inflation in the U.S. hitting 40-year highs, it appears as though Bitcoin has failed as an inflationary hedge. Instead BTC seems highly correlated to stocks, […]