Opinion: Bitcoin can only be used to deal with a special crisis, the potential collapse of the fiat currency system

According to LongHash analysis, Bitcoin (and gold) is only a hedging option for the global fiat currency system, not a safe haven for various economic crises. Despite the recent plunge in Bitcoin price, it still plays the role of digital gold to a large extent, because it is not affected by potential political factors in terms of issuance rate and personal control. This is also an important value proposition of Bitcoin and its network. The recent economic crisis is not the real test of Bitcoin. If the government really prints a lot of cash to deal with the new crown virus and the next 10 years of life, then we may be able to see the real test of Bitcoin as a safe haven asset.