Bitcoin vs. Gold: Is Bitcoin Really A New 'Safe Haven' Asset?

From forbes.com

Is bitcoin a new digital gold? That’s the question on everyone’s mind recently. Over the weekend, Barron’s laid out the skeptical case in an article titled “Is Bitcoin A Safe Haven?”: “This week certainly would appear to qualify as a good test for an asset’s safe-haven bona fides,” the magazine wrote. “There was a market meltdown in Argentina, escalating trade tensions between the U.S. and China, inversion of the Treasury yield curve (viewed as a recession indicator), grim economic news from Germany, and anti-government protests in Hong Kong.” And yet, it noted, bitcoin ended the week down 10%. I ... (full story)