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Bloomberg Opinion Columnist: Bitcoin And Gold Are Monuments To Irrationality

Lionel Laurent,va Bloomberg Opinion columnist covering Brussels, stated in his article that Investors are turning to Bitcoin and gold amid market uncertainty. However, according to him, the digital currency is a strange idea of a haven and the metal’s track record is patchy.
With Bitcoin, of course, it’s easy to laugh off any claims to stability given its wild west status and mad gyrations in value over the past few years. But gold, the “barbarous relic,” is hardly a guarantee of boring reliability.

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