'Saving and storing wealth in bitcoin can help allow you to continue the lifestyle that you're looking to live,' IDFinancial says. He explains what financial advisors should know about bitcoin and inflation:
A key U.S. inflation report published Wednesday indicates consumer prices increased 7% in December from a year earlier at its fastest pace since June 1982. Separately, Turkey’s annual inflation rate has hit 36%, soaring to a 19-year high.
Isaiah Douglass, a partner at Indiana-based financial planning firm Vincere Wealth Management, discusses whether bitcoin is still considered a potential hedge against rising inflation, how investors should best allocate funds between dollars and Bitcoin.
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