Bitcoin was the best performing asset of the last decade according to Messari Research.
Bitcoin created a unique class of digital asset. It has a fixed, unchangeable supply
- a maximum of 21 million coins - and fewer and fewer bitcoins are produced as
time progresses. It’s this hard limit on Bitcoin supply that has likes the of
JP Morgan noting that, institutional investors are starting to see
it as a “better inflation hedge than gold.”
In contrast, central bank currencies (called “fiat”) like the Pound, the Euro and the
US Dollar are losing value every year. If you saved £1000 in 1990, today it
would only buy you £437 of equivalent stuff today because of inflation.
Governments through their central banks can, and do print as much money as
they like, and there is no limit to how much a fiat currency can be inflated.
Buying a small amount of Bitcoin every month is one way of gently exposing yourself to
Bitcoin.
