Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, said today that the Federal Reserve has reduced the base interest rate to zero. Twitter commented that Bitcoin is the best hedging tool in the world for this. Bitcoin is not a hedge against the epidemic, but a hedge against the fiat currency regime. A sudden negative demand shock in the global economy will affect all assets, including gold, in the short term. The world will pass this level, and Bitcoin has the toughness and endurance to continue in the game.
