Jun 8, 2026 4:55 PM
Bitcoin is failing as a currency hedge. Despite the "digital gold" narrative, it behaves like a volatile risk asset that simply tracks the Nasdaq. A 5% allocation is far too high for a diversified portfolio; gold remains the superior hedge against currency devaluation. Investors are overestimating its utility while ignoring its extreme correlation with tech stocks. Is it time to admit Bitcoin is just a high-beta trade rather than a safe haven? What’s your take?
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