Analyst: It seems reasonable for Amazon to keep a small portion of cash in BTC

ChainCatcher news, according to The Washington Post, Morningstar analyst Dan Romanoff stated that although gold is generally considered the best asset for hedging against inflation, Bitcoin may be a more useful inflation hedge tool.

Over the past five years, both Bitcoin and gold have appreciated in value beyond inflation, with Bitcoin's increase being relatively larger. Dan Romanoff believes that although there is not much historical data on the performance of cryptocurrencies in different economic cycles, a small investment in Bitcoin can be justified. He added, "If Amazon could keep a small portion of its cash in Bitcoin, that seems quite reasonable."