A listener sent in an Ask Kim question asking whether Bitcoin would be a good hedge against inflation and other financial crisis.

“Hi Kim- I'm enjoying your explanations and evaluations as usual. I have a question that I thought you might (or might not) want to address, in view of the current political climate in our land. If inflation is impending, what stability (or lack thereof) can obtaining cryptocurrency in advance of rampant inflation provide?"

In response to Nancy's question, we talk about:

✓ What is inflation? Hyperinflation? Crisis falls along a pretty broad spectrum.

✓ This is not the only reason to own Bitcoin but it is another reason and a very powerful one

✓ The two goals of asset allocation

✓ The experience in countries like Greece, Zimbabwe and Argentina

✓ Traditional hedges against inflation and financial crisis

✓ The pros and cons of using Bitcoin as a hedge compared to gold

✓ Always plan for the best but prepare for the worst

✓ Reacting is always, always, always an investment mistake

✓ investing is not risky. It is a lifeskill. Like swimming. The risk is in NOT investing.

⟺

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