Via FTAlphaville:
Over the years bitcoin has frequently been touted as a “safe haven”. It’s an idea that seemingly doesn’t to want to die, despite the fact that its pretty much the most volatile things you can get your hands on and there’s been a stream of thefts and hacks worth hundreds of millions of dollars from exchanges and other crypto platforms.
What makes the persistence of the idea particularly odd is that bitcoin has not performed like a safe haven asset to date.
