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Inflation spikes in Europe: What do Bitcoiners, politicians and financial experts think?

Published 03/10/2022, 10:03 AM
Updated 03/10/2022, 11:40 AM
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Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom.

While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know that inflation was coming?

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