Bitcoin traded near $42K on Friday and near $30K on Monday. An asset that drops 28% over a weekend is not a safe-haven, a store of value, or a viable hedge against inflation. If you want to gamble on Bitcoin, buy Bitcoin. But if you want to hedge against inflation buy gold.

by Peter Schiff
Bitcoin traded near $42K on Friday and near $30K on Monday. An asset that drops 28% over a weekend is not a safe-haven, a store of value, or a viable hedge against #inflation. If you want to gamble on #Bitcoin, buy Bitcoin. But if you want to hedge against inflation buy #gold.

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Bitcoin (BTC) $ 27,720.43 1.79%
Ethereum (ETH) $ 1,743.95 2.66%
Litecoin (LTC) $ 78.30 5.87%
Bitcoin Cash (BCH) $ 127.83 6.04%