Hey thank you for the question! There are two sides to this coin that we can look at: 1) Cryptocurrencies ae not a good hedge against inflation given its volatile nature, coupled with the fact that it is not backed by any central authority or regulations. As mentioned by Richard and Cherie, Bitcoin and other cryptocurrencies have experienced a bubble in the late 2017s, before crashing down to current levels (Note that its currently back on a resurgence again). I think this chart here clearly illustrates how volatile cryptocurrencies are: ! Notice the sporadic fluctuations of the daily returns of Bitcoin/USD and Litecoin/USD parings compared to that of the USD/EUR. I think this really speaks volumes about how unreliable cryptocurrencies as a store of value, given the speculation and volatility that comes with it. 2) On the flipside of the coin, crytocurrencies can be counterintuitive seen to be a good hedge against inflation, especially in extreme scenarios such as runaway inflation that is prevelant in countries such as Zimbawe and Venezuela For example, Venezeulan government issued the cryptocurrency called Petro in 2018. Its supposed to be backed by the country's rich oil and mineral reserves and is intended to supplement Venezuela's rapidly depreciating Bolivar due to inflation, as a means of circumventing US sanctions and accessing international financing. Here's a chart to see the extent of the depreciation of the Bolivar against the USD, to understand why cryptocurrencies were inroduced to replace the highly devalued currency as a result of hyperinflation. ! If you are interested to find out more about what assets are a good hedge against inflation, feel free to check this out: https://www.investopedia.com/articles/investing/081315/9-top-assets-protection-against-inflation.asp Hope this is helpful!