Will Bitcoin be the best solution against inflation?

Global uncertainty with the start of the war in Ukraine has led to food shortages, increases in shipping fares and insurance, and global fuel.

All of this together has created a worryingly upward trend in inflation.

And remember that good or bad news always determines the market trends.

This new situation has resulted in declining consumer confidence and insecurity about tomorrow's incomes and jobs.

On March 14, the New York Economic Club welcomed Bitcoin Guru Michael Saylor to a team of economists about the growing popularity of Bitcoin and cryptocurrencies.

In addition, the discussion looked at how the US economy and the dollar can be affected by the use of digital currency and digital property.

Saylor argued that Bitcoin is better than gold and real estate, as it is rare, and rarity is preferable to a commodity or a security.

"Real estate is a good idea. "If your grandparents were smart enough to buy real estate in New York and are still in the family, you probably do well."

During the discussion, Saylor posed a rhetorical question to the audience, explaining how Bitcoin is superior to other assets. Cryptocurrencies like Bitcoin could be more profitable than gold or real estate in geopolitical crises, such as the Russia-Ukraine conflict. He stated:

War will accelerate the adoption of #Bitcoin.https://t.co/k6ius6kz4t

— Michael Saylor⚡️ (@saylor) March 10, 2022

"What if there is a war, and what if you have a building in Kyiv or Moscow right now? Where can you go if your property is unsafe outside your country and in your country?"

Most recently, on March 9, 2022, Michael Saylor tweeted that the rise of digital assets creates an opportunity for the United States to maintain its leading position in the global financial system and technological innovation.

In addition, Saylor always believed that the war would increase the adoption of Bitcoin, as history shows. Traditional inflation hedgings, such as gold and real estate, failed during the war, but cryptocurrencies prevailed.

He also stated that MicroStrategy's company has invested in Bitcoin many times. For example, in January 2022, the company bought 660 Bitcoin for about $ 25 million.

The winners so far are the Armaments Industries and their shareholders.

And those who had bought cereals in Bulk quantities.

Gold remains a timeless security value.

2022