Top economist says Bitcoin fails as a safe have...

A report originally published by Pluang says a top economist has argued that Bitcoin fails as a safe haven. The available report framing does not identify the economist or provide further detail on the argument, but it places Bitcoin’s role during periods of market stress at the center of the discussion.

A safe-haven asset is generally understood as an investment that may hold its value or provide protection when broader financial markets face uncertainty. Bitcoin is often discussed alongside assets such as gold because it is a digitally native asset with a fixed supply schedule, but its market price has also been known for significant volatility.

The economist’s reported view highlights an ongoing debate over whether Bitcoin should be treated primarily as a speculative asset, a long-term store of value, or a hedge against economic and financial risks. Bitcoin’s performance can vary across market conditions, and assessments of its safe-haven characteristics depend on the period and comparison used.

The discussion matters for investors, policymakers and the broader digital-asset industry because claims about Bitcoin’s resilience influence how the asset is understood in portfolios and public debate. The report adds to scrutiny of whether Bitcoin can consistently provide the defensive qualities commonly associated with traditional safe-haven assets.