As per an article published on CNBC, bitcoin is
emerging as a safe haven asset like gold.
As noted by investment firms, bitcoin hasn't yet
emerged as a safe haven asset like gold, in part because of its unique (and volatile) relationship to its technical community.
Not exact matches
He also said that the Bank of Japan doesn't realize that the odds are stacked against them because whenever there's a problem in
emerging markets, the yen is seen
as a
safe haven, which causes it to strengthen.
Others warn that major
emerging markets such
as China, India and Brazil, which in the past have served
as an economic boom to the West's bust, now are softening
as well and can not be counted on, at least in the short term, to provide a
safe haven for exports.