Bitcoin runs into Russian rules and regiments
By Alun John (Reuters) - Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can ...
Source: wtbx.com
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Bitcoin runs into Russian rules and regiments
The answer to the first, for now at least, is no; while fortress gold has risen 2.3% over the past week, as Western warnings about Russian aggression have intensified, bitcoin has lost 3%. "The Ukraine situation with Russia is a really hard one to price, so in that situation, you just buy crude futures." Yet it's too early to dismiss the argument made by many bitcoin advocates who say the cryptocurrency, just into its teens, is destined to be a form of digital gold that should retain its value when riskier assets such as stocks tumble.
Source: aol.com
Bitcoin runs into Russian rules and regiments
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Source: oann.com
Bitcoin runs into Russian rules and regiments
The answer to the first, for now at least, is no; while fortress gold has risen 2.3% over the past week, as Western warnings about Russian aggression have intensified, bitcoin has lost 3%. "The Ukraine situation with Russia is a really hard one to price, so in that situation, you just buy crude futures." Yet it's too early to dismiss the argument made by many bitcoin advocates who say the cryptocurrency, just into its teens, is destined to be a form of digital gold that should retain its value when riskier assets such as stocks tumble.
Source: aol.com
