Peaks, troughs and hacking: Why would anyone invest in bitcoin?
In June, Chris Burniske, a blockchain analyst and products lead at investment manager ARK Invest, told CNBC he considered bitcoin to be a safe-haven asset. Despite the volatility and the cybertheft, he still stands by this view. "The way in which it's a safe-haven asset is that it's so differentiated from the other assets. It doesn't move in tandem...