Can Bitcoin become a tool to hedge against high inflation?

【ChainNews】Recently, industry insiders have proposed an interesting viewpoint—under the backdrop of the US dollar depreciation pressure and expanding fiscal deficits, Bitcoin is gradually being re-evaluated. This perspective suggests that Bitcoin, as a non-sovereign asset, inherently possesses anti-inflation properties and can serve as a constraint against central banks’ excessive money issuance and government overspending. This logic is not unfounded. When traditional monetary policies fail and fiscal expansion becomes the norm, digital assets with a fixed supply cap become particularly valuable. Of course, this argument has also sparked considerable discussion—can Bitcoin truly become a macro hedge? This may depend on how the subsequent market performance and policy environment evolve.