On a day to day basis, #Bitcoin looks like a bad way to hedge your value against inflation.
Big brains understand you need a longer term mindset. If you put $10,000 into $BTC and kept $10,000 in cash before the pandemic began, which one would be worth more now?
#Bitcoin's price has been following the 10-year US Treasury yield since 2020. Since Dec. 20 and throughout most of January, the 7-day moving average of both has been diverging. It looks like $BTC might be finally catching up with rising yields.
In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997.
But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.