比特幣可能會挑戰黃金作為抵抗通貨膨脹的樹籬

據Blockstream首席執行官Adam Back稱，比特幣可能會挑戰黃金作為抵抗通貨膨脹的對沖。

Bitcoin could rise to challenge gold as a hedge against inflation over the next decade, according to Blockstream CEO Adam Back.

據Blockstream首席執行官Adam Back稱，比特幣可能會挑戰黃金，因為在接下來的十年中反對通貨膨脹。

Speaking at Paris Blockchain Week on Wednesday, Back pointed to rising inflation and the growing adoption of cryptocurrency as key drivers of Bitcoin’s future appeal.

Back在周三的巴黎區塊鏈週上發表講話，指出通貨膨脹率上升，並且採用加密貨幣作為比特幣未來吸引力的主要驅動力。

“We’re entering a period of high inflation, averaging 10% to 15% annually over the next decade,” Back stated. He added that traditional investments, such as stocks or housing, might struggle to offer comparable returns in such an inflationary environment.

Back說：“我們正在進入高通貨膨脹期，在未來十年中平均每年10％至15％。”他補充說，傳統投資（例如股票或住房）可能很難在這種通貨膨脹環境中提供可比的回報。

“If you look at major currencies, the U.S. dollar and euro have seen their supplies grow by over 50% in the past five years. It’s clear that the value of fiat currencies will continue to diminish at a significant rate.”

“如果您看主要的貨幣，美元和歐元在過去五年中的供應量增長了50％以上。很明顯，法定貨幣的價值將繼續以大幅度降低。”

In contrast, Back highlighted Bitcoin’s limited supply, with only 21 million coins to be mined. He noted that while both Bitcoin and gold are scarce assets, Bitcoin is also undergoing an adoption curve, making it a compelling alternative for investors seeking a store of value.

相比之下，Back強調了比特幣的有限供應，只有2100萬枚硬幣即可開採。他指出，儘管比特幣和黃金都是稀缺的資產，但比特幣也正在採用曲線，這是尋求價值存儲的投資者的引人注目的替代方案。

“We could see Bitcoin gradually taking market share from gold, especially as a hedge against geopolitical risks,” Back suggested.

“我們可以看到比特幣逐漸從黃金中佔有市場份額，尤其是作為反對地緣政治風險的對沖，”返回說。

He emphasized that while Bitcoin’s value has been volatile, its long-term scarcity and the growing recognition of its potential as a store of value position it well for future adoption.

他強調，儘管比特幣的價值一直在波動，但其長期稀缺性以及對其作為價值位置的潛力日益認識到了未來採用的價值位置。

Another factor driving Bitcoin’s adoption is regulatory changes in the United States. The approval of Bitcoin spot exchange-traded funds (ETFs) and a more favorable stance towards cryptocurrencies under the Trump administration have provided a boost to the market.

推動比特幣採用的另一個因素是美國的監管變化。比特幣現貨交易所交易基金（ETF）的批准以及對特朗普政府領導下的加密貨幣的更有利立場為市場提供了推動。

Back also pointed out the importance of removing regulatory obstacles, such as “Operation Chokepoint 2.0,” which had previously hindered crypto growth. He highlighted that the Trump administration's decision to withdraw from the Trans-Pacific Partnership (TPP) was a positive development for Bitcoin.

Back還指出了消除監管障礙的重要性，例如“ Chokepoint 2.0操作”，該障礙以前阻礙了加密貨幣的增長。他強調，特朗普政府決定退出跨太平洋夥伴關係（TPP）是比特幣的積極發展。

Back further noted that individual investors should lead Bitcoin adoption ahead of governments.

回到進一步指出，個人投資者應領導比特幣領養。

“Ideally, private investors should buy Bitcoin first, allowing them to benefit before governments get involved. Once governments start buying Bitcoin, it could trigger a competition among nations for control of the asset, which is something we want to avoid.”

“理想情況下，私人投資者應該首先購買比特幣，使他們能夠在政府參與之前受益。一旦政府開始購買比特幣，它可能會引發國家之間的競爭以控制資產，這是我們想要避免的事情。”