RATE Group | Bitcoin, Bonds and Gold: Why Markets Are Upended in a Time of Fear
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Bitcoin, Bonds and Gold: Why Markets Are Upended in a Time of Fear

10 Mar Bitcoin, Bonds and Gold: Why Markets Are Upended in a Time of Fear

Posted at 10:46h in Bitcoin News by

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Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own.

The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here.

Anyone seen the movie “Parasite”? You know, the one about class mobility, creative solutions and scary basements. 

I thought of that film after reading Jill Carlson’s op-ed a couple of days ago – she looks at our collective surprise that bitcoin is not a safe haven, and in a gentle way asks “well what did you expect?” She highlights that bitcoin (BTC) is too young to be considered a safe haven because its narrative is not yet formed. That doesn’t mean it won’t eventually get there, though.

What does this have to do with a South Korean Oscar winner? Well, in “Parasite” we spend the first hour thinking the film is about one thing but it turns…

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