Bitcoin is a hedge against the entire fiat garbage money system and yes that includes inflation.

I remembered back a few years ago when I'm still starting to learn about cryptocurrencies that many of these huge institutions are against Bitcoin and crypto because it can affect their business. A few years after they're an anti-Bitcoin, they are now even buying it to add to their balance sheet. The only companies that I remember are Blackrock and JPMorganChase, and despite JPMorganChase doesn't buy Bitcoin (probably because it's a bank), Blackrock after Larry Fink saying negative things about Bitcoin, is also now accumulating some of it as well. Talking about where do they really side. 

Correct me, but every asset class CAN be a hedge against inflation. Not only Bitcoin, but other asset class such as the Stock Market as well. Of course, we can consider volatility as a factor as well because there will also be times where the markets are down hence, storing fiat currency instead of asset classes like Bitcoin and the Stock Market is better, but in general, it can be a hedge to inflation.

As for institutions, like what many are saying, there will be a huge domino effect once these large institutions are buying Bitcoin and so far, we are seeing it already, and it will continue. I don't know though if that will have a negative effect because the more they buy, the lower the circulating supply.

You have to agree with some of the points in this article.

People do speculate more than they use it. One might say, does everyone has the possibility of spending easily? No, which leads this to being a functionally non-spendable asset.

If people are not using bitcoin they are speculating more. Good or bad, the long term use of bitcoin can be along the lines of hedging. We might see an improvement in the use of bitcoin at which point things can change.

Bitcoin is the best investment today but I doubt that bitcoin will become the best asset in the world in the future. The world's best assets must meet factors such as liquidity, legality, stability and safety against geopolitical and economic risks...The most important thing is the use case, the real world application, as this is the main factor driving demand, not just depending on limited supply to be the best asset.

Over time, bitcoin will mature and be able to overcome its shortcomings such as high volatility, increase liquidity, and become globally legal or stable during times of instability...making it a good inflation hedge comparable to gold, TIPS. But its application and use in as many diverse areas as gold is difficult and that makes me doubt that it will ever be the best asset.

A real hedge of inflation must be predictable, and unfortunately the high volatility of Bitcoin prevents for knowing if its price at the end of the year will higher or lower than today's one. When the value of an asset stays rather stable, it's not a big deal, even it is lower than today, because you won't lose much money in the end. But Bitcoin price movements over the year can get a +50% increase or a -50% decrease.

Bitcoin silences the term the best asset with the meaning of having liquidity, legality, stability, and security of geopolitical and economic risks as you mentioned. If it is not possible at this time Bitcoin never reached the highest value and something that is considered the best must have a fantasis value regardless of whether the asset is quite fluctuating or not. If the supply is abundant and never limited, maybe Bitcoin will never be worthless even though other factors also influence the pricelessness of Bitcoin's formation into one of the best and in my opinion the supply is also quite decisive.

When the price of Bitcoin stabilizes then Bitcoin will not be as valuable as it is now and I don't think that will ever happen. When all Bitcoins are mined, what happens is scarcity and in conditions like this Bitcoin will become more expensive because people will tend to hold it rather than trade it.

Indeed, bitcoin's volatility is a controversial factor. Although bitcoin investors always say that bitcoin is an inflation hedge or a store of value. But in reality, many people disagree with that statement because bitcoin is too volatile, posing risks for short-term holders. Although I am also a bitcoin investor but I admit what they say is not wrong, Bitcoin is not a hedge against inflation in the short term.

But in the long run, it is a pretty effective hedge against inflation as its value increases over time and even gives the best returns of all asset classes.

Let's say people buy bitcoin at over $100k and think it can protect them from inflation, recession. But in just the past two months, it has dropped to $74k at one point, losing more than 30% of its value. If they needed to use that money for an emergency at that time, what would they do with that 30% loss?

No one denies that bitcoin is a potential investment, a promising asset that can replace the role of gold to become an effective inflation hedge, a safe haven...but it has not achieved that yet and not now. We need to be realistic, Bitcoin is still very volatile and not useful in some cases, especially in the short term.

There is no problem if the institutions are also here. We're all the same and we want to make profit from Bitcoin. If they're starting to notice how profitable investing on Bitcoin is, they're also not late.

And for the newbies and even the old time investors, we understand that when they are up for something, it shouldn't be ignored. They don't want to be late in the party and they see Bitcoin as an asset which is a great hedge against inflation.

That is a fact and everyone who hasn't realized it will be on the same position like the banks when they've mostly ignored Bitcoin when it was cheaper.

It's like poking with a stick to a bear - he may not notice you for a while, but when he is - be ware of what is going to happen.

The same applies to bigger players and BTC.