The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.
Rising inflation erodes social security’s purchasing power. Benefits have lost 40% buying power since 2000, according to an ongoing study from TSCL.
Energy and food prices, property taxes hammer would-be-retirees.
Many traditional rules of thumb, including the 60%/40% stock-to-bond portfolio, are becoming somewhat obsolete.