September 4, 2024
Bitcoin’s Potential as a Safe Haven Asset During Economic Downturns and Financial Crises
Bitcoin has increasingly been viewed as a potential safe haven asset during economic downturns and financial crises, a role traditionally reserved for assets like gold. This perspective is rooted in Bitcoin’s unique characteristics, which differentiate it from conventional financial instruments and currencies. One of the key attributes is its decentralized nature. Unlike fiat currencies, which are susceptible to inflation and devaluation due to central bank […]