Bitcoin Can’t Be a Safe Haven and 100x Leverage Is the Reason Why

Bitcoin Can’t Be a Safe Haven and 100x Leverage Is the Reason Why

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Vishal Shah is founder of Alpha5, a new bitcoin derivatives exchange backed by Polychain Capital. 

Despite some championing, it is clear is still a risky asset on a peripheral investment frontier, and not a safe haven at all. 

Bitcoin is simply not going to be a primary concern for capital swimming around in traditional markets. Remember, this is a time when assets like U.S. equities are enduring unprecedented volatility. There would need to be a return to frothy markets and the comeback of marginal greed to see more institutional players wandering inside the crypto gates. 

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