The question “Are people investing in Bitcoin as a safe haven asset” has been asked for the last couple of months. This question created a massive argument about whether people really considered it as one. The factor that pushed people to believe so was the US-China trade war, especially when it was at its peak. As conditions worsened the price of Bitcoin rose and as they got better Bitcoin’s price fell. So it must be the people who invested in it as a safe haven fund right? No, according to Peter Schiff, the CEO of Euro Pacific Capital. He noted
