Corporations are talking about inflation... which means bitcoin...
Corporations are talking about inflation a lot more than normal, which is likely good for bitcoin adoption
There has been an interesting constant happening with all these earnings calls lately.
Can you guess what that is?
It's that a lot of companies keep talking about inflation expectations.
Specifically, that it's already here and that it's like to continue to go higher over the next 12-18 months.
Check this out:
(Source: https://fortune.com/2021/04/29/bitcoin-inflation-hedge-debate/)
As you can see, they are talking about inflation a lot more than they have been in recent years.
And it's really not even close...
This is great news for bitcoin adoption as bitcoin is mostly used as a hedge against inflation and excessive money printing currently.
Which means, more and more corporations should look to bitcoin as a hedge on their balance sheets.
I suspect by the end of this year, the list of corporations with bitcoin exposure is going to be a rather long list.
A lot longer than it is right now.
Exciting times ahead!
Stay informed my friends.
-Doc
Motivasi yang bagus
I like crypto- own several and have been on this awesome platform since 17 but IMHO nothing beats physical silver- especially junk silver dimes and quarters- think real currency when it crashes- wealth preservation, everyday currency, and balloon payment investment payoff all in one.
Constant technological change has shown that industries that do not advance or improve, go bankrupt. Cryptocurrency is already the present and the future.
In what was not really a surprise to many, bitcoin was the number one pick in CNBC's Stock Draft on April 29, 2021