Quote from: TheGreatPython on Today at 01:42:27 PM

Quote from: Nutrient on September 17, 2021, 09:35:41 AM

We have seen how highly volatile Bitcoin is. For now it’s safe to say it is not completely a safe-haven asset because majority of it’s holders are speculative. It might not survive the first recession but I think it’s too soon to conclude.

Right now many doubts and feuds around here for this because recently we have not good updates from China and USA just because of this people's spreading things which they want to do for their own sack just because of this we can't say safe heaven for everyone. Even bitcoin's future is uncertain we can't be sure its growth it rises or it a dump, but we sure about one bitcoin still be existed.

Few things which are much safer like bitcoin wallets are safer than bank accounts as only owner can access with his password and private key, no one can access brutally.

I agree with your statement.

With the unpredictability encircling on BTC (to be specific), it becoming safe-haven asset is slowly becoming uncertain due to the recent news and regulations passed on different countries (specifically China). Although this may be the case, El Salvador has recognized BTC as a form of legal tender- to which it sparks another opportunity for countries to see it the same way as the former saw it.

That is why, view BTC as an opportunity for investment rather than a super long-term asset.