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<ul class="news-points"> 
 <li><strong>Mohamed A. El-Erian thinks Bitcoin is becoming the “Flight to Safety.”</strong></li> 
 <li><strong>Bitcoin is becoming the “Flight to Safety,” says chief economic advisor of Allianz</strong></li> 
 <li><strong>According to EL-Erian, the U.S. Treasury has never functioned as a safe haven.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> is becoming the “Flight to Safety,” according to Mohamed A. El-Erian, Allianz chief economic advisor and former CEO of PIMCO. El-Erian said in a recent CNBC interview that Bitcoin is replacing the Long U.S. Treasury, which has always been seen as the flight to safety or quality.</p> 
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   <p lang="en" dir="ltr">The long US treasury has always been seen as a flight to safety or quality. This isn’t so much the case now. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> is slowly becoming the flight to safety. <a href="https://t.co/KLyvRTGi9U" target="_blank" rel="nofollow">pic.twitter.com/KLyvRTGi9U</a></p>— 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f451.png" alt="👑" class="wp-smiley" style="height: 1em; max-height: 1em;">Crypto Caesar
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f451.png" alt="👑" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@crypto_caesar1) <a href="https://twitter.com/crypto_caesar1/status/1719424230075371781?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 31, 2023</a>
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<p>During the interview, the CNBC presenter asked El-Erian if the U.S. Treasury will continue to play the role of a safe haven for investors, considering ongoing geopolitical developments around the globe.</p> 
<p>The economic advisor responded by acknowledging that while the U.S. Treasury could still function in that role, things may change in the future. According to him, before the conflict started in t…</p>
<p>The post <a href="https://coinedition.com/economic-advisor-says-investors-may-be-turning-to-bitcoin-for-safety/">Economic Advisor Says Investors May Be Turning To Bitcoin For Safety</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Economic Advisor Says Investors May Be Turning To Bitcoin For Safety

Coin Edition

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