It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late?
Bitcoin is not a safe-Haven and as such cannot flourish at the expense of global crisis. Cryptocurrency sector is just a digitized financial institution that ought to provide a decentralized digital currency to give people the ultimate control to manage their financial activities without much interference of a third party and just like every investment options, the price of every cryptocurrency is determined by the force of demand and supply and these two economic theories depend majorly on global situation and as such bitcoin can only flourish when the global economy is thriving