Critically evaluate the above editorial comment. Use tables, charts, and any relevant online resources to support your arguments. – Essaylink

“Bitcoin promises to be digital gold: safe, valuable, and rare. That could explain much of

the cryptocurrency’s rally over the past year.

Unfortunately, like gold, bitcoin’s status as a safe haven is more theoretical than anything

else. Rather than stability it offers investors volatility and a chance to speculate on the

market’s sentiment towards the currency. The recent rise in the cryptocurrency’s

valuation is no different. Investors looking for a safe place to keep their wealth should

look elsewhere”, Financial Times editorial, “The elusive promise of Bitcoin”, November

Required: Critically evaluate the above editorial comment. Use tables, charts, and any relevant online resources to support your arguments.

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