© Reuters.United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase (NASDAQ:COIN) executive recently paid out $1.5 million to settle a Twitter wager about possible hyperinflation in the American economy.The U.S. may not be experiencing hyperinflation, but the possibility of prices going out of control seems to concern the Federal Reserve. The Fed raised interest rates by a quarter-point on May 3 — to the highest level in 16 years — pushing the target range for its benchmark from 5% to 5.25%.Balaji pays out his crazy $1 million Bitcoin bet, 97% under price targetMicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profitCoinbase stock will be ‘weighed down’ until US rules are clear: Citi7,800 jobs at IBM (NYSE:IBM) could be replaced by AI within years, CEO suggestsBefore you go: The average person’s wealth will be ‘completely destroyed by inflation,’ says Arthur HayesContinue Reading on Coin Telegraph

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