May 14, 2021

Some investors are buying bitcoin as a hedge against inflation, but CoinDesk’s Director of Data and Indexes Galen Moore is skeptical.

Video transcript

Some investors are buying bitcoin as a hedge against inflation, but CoinDesk’s Director of Data and Indexes Galen Moore is skeptical. “The idea that somebody is afraid that the dollar is losing its value and therefore is fleeing to the safety of bitcoin is frankly silly,” Moore said.

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