That a volatile asset like bitcoin hasn’t kept up with inflation (at least since the last ATH) is a bit of a red herring when considering how far it has come. A bitcoin in someone’s wallet today, for instance, would be worth $48,395.13 in 2008, when it was first launched and didn’t have a market value at all. Bitcoin first hit parity with the U.S. dollar in February 2011, and has been gaining ever since.
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
