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Bitcoinist 2019-08-30 11:00:39

Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff

Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency. He rejected previous theories that BTC could help investors looking to hedge risk from exposureRead MoreThe post Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff appeared first on Bitcoinist.com.

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