UK’s FCA Right to Propose Stop to Marketing Crypto Like Bitcoin (BTC) as ‘Inflation Resistant,’ Industry Members Say

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UK’s FCA Right to Propose Stop to Marketing Crypto Like Bitcoin (BTC) as ‘Inflation Resistant,’ Industry Members Say

“Due to bitcoin’s relatively short existence, we have to rely on the fundamental concepts of what it represents as an asset, so theoretically, it being of limited supply while being priced in U.S. dollars, it should act as an inflation hedge,” Butterfill told CoinDesk. www.coindesk.com

“Due to bitcoin’s relatively short existence, we have to rely on the fundamental concepts of what it represents as an asset, so theoretically, it being of limited supply while being priced in U.S. dollars, it should act as an inflation hedge,” Butterfill told CoinDesk.

www.coindesk.com