Monetary stars align for bitcoin
The appeal of bitcoin right now is that the Covid-19 crisis may reduce the purchasing power of fiat currency
It has been a landmark week for bitcoin, the cryptocurrency better known for wild speculation than as a transactional vehicle.
It joined the rest of the world's assets in plunging in value during a mid-March stock market crash over the Covid-19 crisis. Since then it has been one of the best-performing asset classes in the world.