Using Bitcoin as an Inflationary Hedge

The video discusses Bitcoin's role as an inflationary hedge, its correlation with risk assets like the equity market, and the environmental concerns associated with Bitcoin mining. It highlights Bitcoin's built-in scarcity, the impact of leverage on its volatility, and the potential for decoupling from traditional risk assets as adoption grows. The video also covers efforts by companies like Hut 8 to address environmental issues in mining, including carbon neutrality and the use of renewable energy.

What characteristic of Bitcoin makes it an inflationary hedge?

• Its high volatility

• Its built-in scarcity

• Its dependence on government policies

• Its unlimited supply

How is Bitcoin currently correlated with the equity market?

• It is inversely correlated

• It is not correlated at all

• It is tightly correlated

• It is only correlated during market crashes

What is one potential outcome if Bitcoin captures a small percentage of the credit market?

• It will decrease in value

• It will become more volatile

• It will be accretive to its price

• It will lose its status as a risk asset

What approach is Hut 8 taking to address environmental concerns?

• Going fully carbon neutral

• Increasing landfill waste

• Ignoring environmental concerns

• Using only gas-powered vehicles

Which renewable energy sources are being utilized by Hut 8?

• Biomass and coal

• Geothermal and tidal

• Solar and wind

• Nuclear and hydroelectric