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Are Cryptocurrencies Good Inflation Hedges?

TheMotleyFool

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Are Cryptocurrencies Good Inflation Hedges?Photo, wide shot, wide-angle lens, Coal mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/25526de2-54da-40ae-ba56-1e25dead3e81.png

Inflation is starting to heat up, and many experts believe that we're just seeing the beginning. Precious metals are traditionally considered to be a smart way to hedge against high inflation, but can cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) also fill that same role? In this Fool Live video clip, recorded on May 24, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss whether cryptocurrencies are good inflation hedges or not.

Source Fool.com

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