Stensås, Anders; Nygaard, Magnus Frostholm; Kya, Khine; … - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
This paper investigates whether Bitcoin acts as a diversifier, hedge or safe haven tool for investors in major … results show that Bitcoin acts as a hedge for investors in most of the developing countries such as Brazil, Russia, India and … South Korea, but only as a diversifier for investors in developed countries and for commodities. Moreover, Bitcoin acts as a …