gold and crypto protect against inflation? gold i kinda understand, but crypto? how?
But herein lies the trap. While any particular crypto currency may have limited supply, there is theoretically an infinite amount of crypto currency (people can and do create new ones out of thin air when an existing one has run its course). To top it off, these are not productive assets.
In practice, crypto is very prone to hype cycles.
Assets aren’t inflationary or deflationary. Prices are. Prices, denominated in crypto, have inflated through the moon this year as the value of the currencies crashed.
There are plenty of things in the world with naturally or artificially fixed supply. Anyone pitching them as deflationary is talking tripe.