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
17 May 2020 - 00:23
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.