Bitcoin's at It Again
It's happening again. Bitcoin has locked step with gold and taken to the skies as uncertainty about the U.S. election increases volatility in global markets. It is, in short, acting as a haven.The last time this happened was in the run-up to the U.K. referendum on European Union membership. Then, my colleague, Tim Culpan, and I argued that digital currencies can't be taken home and stored in a vault.
https://www.bloomberg.com/gadfly/articles/2016-11-03/bitcoin-s-at-it-again