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IPMI and Industry News: Industry News

Jeff Christian: Bitcoin Is No Safe Haven

Thursday, August 31, 2017  
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Jeff Christian: Bitcoin Is Not The Safe Haven You Want, Stick With Gold

Jeff Christian, managing director of CPM Group, called the leading cryptocurrency the “ultimate fiat currency.” 

“I don’t know anybody who believes that bitcoin is a safe-haven asset,” he said in an interview with BNN this week. “Bitcoin is no tangible asset, it is based on the full faith and credit of anonymous people who create it on the internet. - Kitco 08/31/2017

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