Open Money Initiative founder: Bitcoin is the ultimate safe-haven asset in many ways

in cryptocurrency •  5 years ago 

Jill Carlson, co-founder of the non-profit research organization Open Money Initiative, published a column on Coindesk today stating that, in many ways, Bitcoin is the ultimate safe-haven asset. It can manage itself, and it can survive even if the trust and rule of law system collapses. It is open, without borders, and has a relatively mobile market in every country in the world. It's censorship-resistant, which means that no government or agency can block Bitcoin investment or transactions in practice. The supply of Bitcoin is fixed, just like gold. Bitcoin is digital, which makes hoarding, holding, and shipping practical. For doomsday prophets and dystopian science fiction fans, Bitcoin has a lot to like.

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