Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor

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A partner at venture capital firm Blockchain Capital says Bitcoin is a safe haven in the long run but it might not withstand severe crises. Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.Bogart shared his views during an interview with Bloomberg on Aug. 20. According to him, risks of monetary devaluation can drive Bitcoin’s price up. Bogart commented:“I think longer term Bitcoin will absolutely be…
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Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor

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