Friday, December 8, 2023

An Inflation Linked Cryptocurrency

By DAC000 , in Bitcoin Cryptocurrency , at February 3, 2023 Tags: ,

is needed, according to renewed hedge fund manager Ray Dalio. About a one minute read.

Comment: an interesting idea and AFAIK unique. Its not clear from a financial engineering perspective how this would work — purchase $100 of this coin and if inflation prints 10% over the next year you apparently would have $110 of purcahsing power — but it is worthwhile exploring. Until then — and sorry Ray — the solution is Bitcoin, an inherently deflationary coin.