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Opinion: Bitcoin Isn’t a Haven from COVID-19, It’s a Hedge Against Fiat Currencies

Published by longhash.com on 24-03-2020 17:40

Bitcoin was not supposed to be a safe haven against any generic form of economic turmoil, and it certaintly hasn’t been a safe haven asset in 2020. Instead, Bitcoin was designed as a hedge against a very specific kind of crisis: the potential collapse of the fiat currency system.

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