Inflation is here Why is not Bitcoin Saving Us?

[worldtraveller321]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

why is that?

[GreatArkansas]

What do you want to happen here? Do you need Bitcoin will pump parabolic immediately? I don't think it will be healthy for Bitcoin.
Yes,  I agree with you about inflation right now and it sucks too. But I am always looking forward to the long term, Bitcoin is one of the best ways to avoid this inflation. But having no patience, it's useless.

[PX-Z]

Well, as what you and others are expecting, it's the opposite, bitcoin still affected of the current world market especially in dollar and oil,  even though it is said to be inflation-proof. Although having bitcoin in long term will show how its said as against the inflation.

[Bttzed03]

It's not supposed to be but it can be the solution to monetary inflation. AFAIK, it's been an effective hedge against the massive fiat printing during the height of the pandemic.

Do not expect bitcoin to solve the current price inflation as an effect of the ongoing Ukraine-Russia conflict. It's inevitable that the soaring prices of oil and gas will affect all other goods/services.

[hosseinimr93]

If you zoom out when looking at bitcoin price chart, you will see that you are completely wrong.
You shouldn't expect bitcoin price to rise every day.
I guess you bought bitcoin when there was FOMO in the market and now you are complaining about the price.

The following topic may be helpful to you. Ratimov has posted a table comparing bitcoin price change with some other assets in the past years.
Annual and monthly profitability of bitcoin

Disclaimer:
I am not making any prediction on bitcoin price. Nobody knows what will happen in future.  

[Accardo]

The only possible vehicle that will carry people past the high inflation rate of the world is Bitcoin. If the reason why it was created is implemented by the world they can escape inflation forever. People run to bitcoin and out saying that it won't solve the inflation problem since no vendor is ready to accept bitcoin. When people practice the Peer2peer kind of trading it'll save the world from the economic crisis that may arise. Thereby providing more profits to people that Hodl long term.

[cabron]

If you zoom out when looking at bitcoin price chart, you will see that you are completely wrong.
You shouldn't expect bitcoin price to rise every day.
I guess you bought bitcoin when there was FOMO in the market and now you are complaining about the price.

The following topic may be helpful to you. Ratimov has posted a table comparing bitcoin price change with some other assets in the past years.
Annual and monthly profitability of bitcoin

Disclaimer:
I am not making any prediction on bitcoin price. Nobody knows what will happen in future.  

Zooming out is the way to look at it. Those investors of BTC long before the covid and inflation comes, have the edge because they've seen it back in the 2008 crisis. Investors who come in 2020 see BTC be the great inflation hedge because they've only seen the market in the upward direction. Timing is not very perfect for those investors, some of them recently learned about BTC. They can only see the effect of it in long term, possibly 4 years from now.

[hyudien]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

why is that?

If you really want to find a stable and safe from inflation, maybe you make gold an option. That doesn't mean you should actually hedge on fluctuating prices. This is not specifically for those of you who don't believe in what Bitcoin has to offer. If now inflation makes us suffer, bitcoin is still an alternative. The reason is simple, in Bitcoin even though the price is going down, it reverses when it recovers to multiples that even gold cannot offer as a hedge.

[Darker45]

The case of inflation has always been present ever since the current fiat system is in place. But, is Bitcoin really the supposed solution to inflation? I don't think so. While Bitcoin's fixed supply is obviously a design which particularly protects the people from the continuous debasement of money due to abuse or indiscriminate printing and injection of new supply to the circulation, it was never a guarantee that the price value of Bitcoin will always move upward. After all, Bitcoin's price is solely determined by the market.

Also, you cannot expect Bitcoin to address the current problem of a different system just as you cannot expect the mechanic to address the problems faced by physicians. Are we a Bitcoin economy? No. Is our existing economic paradigm parallel to that of Bitcoin's standard? No. Are the world's population, companies, governments, and others living according to the principles of Bitcoin? No. We are living in a fiat world, so why are we surprised if we are facing fiat problems?

[pooya87]

Bitcoin was supposed to be the solution to all of this.

Wrong. Bitcoin was not created to solve inflation issue. Whoever told you otherwise was misleading you.
Bitcoin was created to give people financial freedom due to its decentralized nature. The fact that it has a capped supply which makes it deflationary is just a bonus not the goal.

Why are we not being able to hedge against the inflation and prevent this from happening.

For starters bitcoin is not a hedge against inflation even though it can act as one.
Besides, if you zoom out you can clearly see that bitcoin value has been constantly rising so your question makes no sense here either. For example 2 years ago price was about $3000 and now it is $40000 which is roughly a 1200% rise. What more do you want?! This is bigger than the biggest inflations.

[tbct_mt2]

With Bitcoin, patience is key.

You can not buy Bitcoin today and wish that it will make you richer tomorrow. It requires time and patience along the way. Patience will reward you with profit by holding Bitcoin. Bitcoin is here to save us from bank hyper inflation but it only works if you are able to hold your Bitcoin a few years. Because it takes time for the people to realize hyper inflation from bank systems, then a little more time to recognize the value of Bitcoin as an asset against hyper inflation.

[Poker Player]

If you zoom out when looking at bitcoin price chart, you will see that you are completely wrong.

You're right, the OP's desperate attitude usually happens with people who focus on the short term.

For starters bitcoin is not a hedge against inflation even though it can act as one.
Besides, if you zoom out you can clearly see that bitcoin value has been constantly rising so your question makes no sense here either. For example 2 years ago price was about $3000 and now it is $40000 which is roughly a 1200% rise. What more do you want?! This is bigger than the biggest inflations.

Saylor's message, which has become so pervasive that it seems as if bitcoin was originally created to beat inflation. In any case, although it may seem a side effect, I believe that it cannot be separated from the essence of Bitcoin: in the face of fiat currencies that are worth less and less because more and more are being created, Bitcoin can only act as a protector against this inflation.

[someone703]

Try asking when something good comes to you but you don't know how to use it. It still makes sense.
The problem of universalizing knowledge, I believe, takes a long time for people to easily access and accept it. If you look at it from your own perspective, it can cause many other big problems in life, as simple as the fact that some poor countries cannot access BTC and only a few are aware of it.
But let's be optimistic because we will find out for ourselves how this life turns out, and BTC will be a part of that too.

[kaya11]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

why is that?

It is not bitcoin's fault, it has never been. Bitcoin is just an alternative, meant to be use for P2P transactions, and the technology it brought. Inflation is unstoppable and you just can't feel the change in just a single day. Most of all country experiencing inflation even the greatest country you've ever known. Either you increase your wealth to go with the flow or remain like what you are right now putting blame on Bitcoin and other things because your money's purchasing power is getting weaker.

[Jawhead999]

Satoshi Nakamoto never mentioned Bitcoin is the solution against inflation, you can read on Bitcoin whitepaper and if you find it, show it here. I believe you read that from so called expert predicting Bitcoin price, while they're not a real expert.

Bitcoin could be a solution, but it's not created to solve inflations. If you're a real holder as your account created on 2017, you'll not complaint about this matter since at least your capital is multiply x2.

[dothebeats]

It was never meant to save and rid the world of its problems. It was meant to safekeep your assets while the rest of the world goes to shit. It's doing just that currently, and it's holding on albeit the pressure from the world economy going to shit. That's the only thing that bitcoin can do, and the rest of the problem should be solved by world leaders coming to an agreement on how they should fix the economy. It might solve individual people's problems, but not the world as a whole.

[buwaytress]

Don't know where you've been for the past several years... but Bitcoin's pretty much been a great way to preserve value since the last two global recessions (not to mention the hyperinflation that's been hitting a string of countries, not least notable and most recently the Russian rouble).

Besides, where in any Bitcoin literature has it ever claimed to have been here to "save us from inflation"?

[Chato1977]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

why is that?

What do you think of Bitcoin ? a superhero that will be there whenever the worlds Needs a Help?

Lol bitcoin is a currency that needs to be bought or use before having an effect so as long as you are not buying and circulating this together with others then don't ask for such stupid question.

Prove that you are worthy of your claim and Invest into bitcoin now.

[Oasisman]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

why is that?

And who says Bitcoin will save us from inflation "instantly"?
Please refer to the historical data of Bitcoin. Look at it closely since day 1 and compare how Bitcoin is worth today compared from 5-10 years ago. If you happen to put your money into Bitcoin 5 years ago, please tell me If Bitcoin did not save you from inflation?

Bitcoin wasn't created to stop inflation though. Instead it's giving you the option to avoid inflation in a long term perspective though.

[peter0425]

So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?

Bitcoin is the solution ? yeah maybe but how will this can happen? that is  something that we all must take part , bitcoin will not act for us but we must act for bitcoin.

Why are we not being able to hedge against the inflation and prevent this from happening.

Inflation is very ugly, yet no one is doing anything about it.

Because you are doing nothing but just waiting. act for it mate .

why is that?

In time,, You'll see mate thats for sure.