#Bitcoin Becomes a Currency Hedge Tool#

Recently, discussions about Bitcoin as a hedge tool have intensified. BlackRock CEO Fink believes that Bitcoin has become an important hedge tool against currency depreciation and economic instability, and predicts that its price could reach $500,000, $600,000, or even $700,000. He believes Bitcoin can overcome concerns about base currency instability, indicating his optimism about its potential as a hedge tool. However, Goldman Sachs CEO Solomon holds a different view, believing Bitcoin poses little threat to the US dollar. This suggests that there are differing opinions in the market regarding Bitcoin as a hedge tool, with some believing it can effectively combat inflation and economic instability while others believe its threat to traditional monetary systems is limited. Currently, the effectiveness of Bitcoin as a hedge tool remains debatable, and more time and data are needed to verify its true role.