Debasement Trade Devotees Face a Unique Risk When it Comes to Bitcoin

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Olga Kharif notes that not everyone is ignoring one of the fundamental risks that comes with buying Bitcoin during the current record-breaking rally in the crypto market bellwether.

Gold and Bitcoin have become the darlings of what’s been dubbed the debasement trade as of late, rising to record highs as skittish investors pull away from major currencies.