When someone says #Bitcoin is a hedge against inflation, they mean it's a hedge against the inflation of the *supply* of fiat currencies. This was evident in 2020 as trillions of $$$ were printed and #BTC skyrocketed later that year.
The 1 year #Bitcoin chart:
- After the 1st "red" year we had 3 "green" years.
- After the 2nd "red" year we had 3 "green" years.
2022 is now a "red" year, will the next 3 years be green?