Property, not crypto was the real 'hedge against inflation'

This is a truely controversial opinion, one which I expect to get many downvotes for. Note I am focusing on the period of 2020-2022, I know that you would be well ahead of inflation if you invested in bitcoin in 2010!

However crypto, especially in 2020-2021, was being marketed as the 'hedge against inflation' on the basis it's not tied to the government. Unfortunately that did not play out in practice.

In turns out Crypto is tied more than ever to the stock market and global forces. We have seen that this year with crypto depreciating alongside FIAT. Yes inflation has got crypto holders not once but twice.

Those who invested in crypto in 2020-2021 are far worse off now than those who invested in property in 2020-2021. Infact as property prices increased investors were able to claw ahead of inflation.

It might not be this way forever but it certainly looks like crypto is not the hedge against inflation we once dreamed of.