Bitcoin Will Save Us From Inflation

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Bitcoin 2022 in Miami is set to be the most exciting Cryptocurrency conference in history. The sheer scale of this operation - which will see 30,000 visitors fly through the doors of the Miami convention center today – shows how far crypto has come. Long gone are the days when anyone could dismiss crypto as merely a tech nerd’s pet project. This is a trillion-dollar industry that is thriving. 

Here at the conference, we’ve got companies changing the game in everything from payments, to art, gaming, property, vital infrastructure, to quite literally everything in between. As much as the traditional financial industry and many politicians would like to deny it, crypto is already mainstream.

Of course, it’s not welcome news to see the markets go red on the first day of this huge event, thanks to the Fed warning of big interest rate hikes to tackle what is now record inflation in the US. That inflation is only too evident now and is really starting to impact people’s lives. This may, however, be the moment that bitcoin has been waiting for. 

Since its inception, bitcoin has been promising to be an inflation hedge – a store of value to protect against the massive inflation event that comes against a significantly devalued US dollar, which cryptocurrency evangelists have been predicting for over 12 years. 

Sadly, we won’t get to hear how El Salvador’s flagship nationwide bitcoin project is going as president Bukele had to pull out due to dealing with some gang violence in his home country. We will, however, be hearing from industry leaders all over the world on why and how bitcoin will find a place in the global economy.

With the world heading in the direction that so many crypto founders predicted, next year could see the Bitcoin conference celebrating the cryptocurrency’s biggest global integration ever.