Analyst: It seems reasonable for Amazon to keep "a small portion" of its cash in Bitcoin

PANews, December 22, according to the Washington Post, Morningstar analyst Dan Romanoff said that although gold is generally considered the most suitable asset for hedging inflation, Bitcoin may be a more useful inflation hedging tool. Over the past five years, the price appreciation of both Bitcoin and gold has exceeded inflation, with Bitcoin’s gains being much larger. Dan Romanoff believes that although there is not much historical data on the performance of cryptocurrencies in different economic cycles, a small investment in Bitcoin can be made, adding: “If Amazon can keep a small portion of its cash in Bitcoin, this will It seems more reasonable.”