River Financial has released a new ad that focuses on the effects of inflation. The U.S. dollar has lost about 97% of its value over the past 100 years. The surge in Bitcoin prices has led to increased market adoption. River has released a new commercial that praises Bitcoin's value relative to fiat currencies, arguing that this is a result of government policies. The Web3 community often sees Bitcoin as a hedge against inflation under current macroeconomic conditions.
Key Points
Bitcoin Fights Inflation
- River Financial has released a new ad that calls Bitcoin an alternative to inflation and warns that inflation is actually a hidden tax on money, causing consumer goods prices to rise.
- The U.S. dollar has lost 97% of its value over the past 100 years, a phenomenon that has become a mainstream issue in recent years, with the Federal Reserve closely monitoring inflation and raising interest rates.
- Bitcoin is considered a tool to fight inflation because the government cannot create more Bitcoins, and there are only 21 million Bitcoins.
Bitcoin as a Store of Value
- Bitcoin holders view it as a store of value tool, which has gained widespread acceptance against the backdrop of inflation and rising prices.
- Bitcoin prices have reached new all-time highs of more than $73,000 this year, triggering wider market adoption.
- Despite bitcoin price correction, bulls hint at wider gains and shift in sentiment.
- River Financial tells users they can protect their savings from inflation with bitcoin.