The price of Bitcoin has risen by almost 300% since the crash in March 2020. Over Christmas, many of us will be debating its value as a global asset, as economists highlight the possibility of rising inflation, and as Bitcoin continues to outperform all other major asset classes. — On the one hand, Bitcoin enthusiasts argue that the coin is a hedge against inflation, anew “digital gold”, acting as a store of value as governments around the world continue to print money. In contrast, Bitcoin sceptics contend that cryptocurrencies provide a safe haven for criminals, are bad for the…