The hedge against hyperinflation predicted by many economists is bitcoin. In fact many economists predict bitcoin will become the world's reserve currency. El Salvador last year was the first country to recognize bitcoin as a reserve currency alongside the US dollar last year. Tomorrow starts the 2022 bitcoin conference in Miami. It is rumored possibly up to another dozen countries will make the same announcement at the conference. We are witnessing the demise of a world currency held by one country.
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