Stephanie Hughes

There's only so much of it.

Its value isn't tied to any fiat currency.

But gold is a traditional safe haven asset, while Bitcoin isn't necessarily.

Gold surged in value when news first spread that the U.S.

had attacked Iran.

Bitcoin didn't see the same immediate flight to safety.

I asked Gil Luria, head of tech research at D.A.

Davidson, why this is.

Bitcoin is an alternative investment.

You know, it exists outside the traditional financial markets.

What does that mean for how attractive it might be during times of geopolitical crisis?

What do you think will happen with Bitcoin if the war continues for weeks, months, maybe even longer?

We'll be right back.

You're listening to Marketplace Tech.

I'm Stephanie Hughes.

We're back with Gil Luria, head of technology research at DA Davidson.

At Marketplace, we've had some conversations in the past few days about how war is inflationary.

And you see it reported that some traders are investing in Bitcoin now as a hedge against inflation.

Can you talk a little bit about what that means?

And so basically people may be turning to crypto instead just to kind of to hide there.