Amid unchecked and unrestrained inflation, cash and credit are becoming liabilities.
Below are the real central bank rates (rate minus inflation):
- Argentina: -13.4%
- Poland: -5.4%
- U.S: -5.2%
- Peru: -4.0%
- Canada: -3.9%
- Australia: -3.7%
- Brazil: -3.4%
- Chile: -3.3%
- Norway: -3.2%
- UK: -3.1%
- Philippines: -2.9%
- Czech Rep: -2.6%
- Sweden: 2.1%When Ethereum 2.0 is completely rolled out, the world will change forever. Standard Chartered values Ethereum at $26,000-35,000 in the future. Like Bitcoin, Ethereum is deflationary, as the protocol burns tokens to prevent inflation.
According to Michael Saylor, the Co-founder of MicroStrategy, the numbers above are nominal government issued CPI metrics. He believes that actual monetary inflation as measured by asset price appreciation is much higher in all jurisdictions. Therefore, the negative real yields are much worse than the numbers above suggest.
That is a scary thought and real central bank rates in the Eurozone aren’t in a good place either: sitting at -3.9%.
You don’t want to be holding onto many euros in your savings account right now. If you are, you are certainly losing money.
While savings accounts across Europe are paying virtually nothing, consumer inflation in the 19 countries sharing the euro hit a ten year high in July. Sadly, a euro today will not buy the same value of goods and services in ten years.
Hedge against inflation
As we navigate in an inflationary global economy, it is imperative to seek safe, passive, high-yield income to hedge against inflation.
Keeping inflation-hedged assets in your portfolio will allow you to thrive when you see inflation beginning to shape in the economy, ensuring that you continue to grow your assets even while central banks continue to print new money.
Buying gold has been the most popular hedge against the inflation of cash, but over the years that has changed with people investing in real estate, stocks and bonds, commodities, and mutual funds to name a few.
A new and effective way to hedge against the rising inflation of cash is through buying and depositing cryptocurrencies on digital wealth management and savings platforms.
A great platform to do this on is Cabital – no hidden fees and you can earn up to 12% a year on your cryptocurrency, making bank deposits look completely unappealing. Since Cabital has added SEPA to its deposit options, the cryptocurrency savings platform allows customers to easily transfer their assets between euros and cryptocurrencies to generate high-yield passive income.
I believe that it is a great idea to invest in Bitcoin, digital gold, to hedge against inflation and generate interest on it through a cryptocurrency savings platform.
There will only ever be 21 million Bitcoins minted as it is encoded in its source code, making its max supply a perfect hedge against the inflation of euros and other cash.
There was recently one major study that explored the future price of Bitcoin. The panel consisted of 42 cryptocurrency experts that included cryptocurrency asset managers and cryptanalysts.
The panelists predicted that the price of Bitcoin would be $318,417 by December 2025 and rise to $4,287,591 by December 2030.
54% of the cryptocurrency experts surveyed foresee so-called hyperbitcoinization - the moment that bitcoin overtakes global finance -- occurring by 2050.
There will be a day where 99% of the global population will not be able to ever own a full Bitcoin.
Ethereum 2.0: The future of internet technology
Ethereum is the web 2.0 and will revolutionize decentralized finance and completely change how we make payments and do our banking.
When Ethereum 2.0 is completely rolled out, the world will change forever. Standard Chartered values Ethereum at $26,000-35,000 in the future. Like Bitcoin, Ethereum is deflationary, as the protocol burns tokens to prevent inflation.
USDT: The king of stable coins
USDT is a stable coin pegged to the U.S. dollar. It is tested and tried and backed by real world assets.
It is perfect for depositing and staking on cryptocurrency wealth management and savings platforms to generate high-yield passive income.
Inflation is here and it's here to stay.
Although gold has been a safe-haven asset for hundreds of years, the birth of Bitcoin has brought about an easier and more reliable way to preserve wealth and augment it.
Depositing your cryptocurrencies will not only help you hedge against inflation, but it will also help you create a passive new income stream – empowering you to reach your financial goals faster.
Edited by: Baron Laudermilk
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