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Frank Giustra argues that cryptocurrency is not a safe haven from government seizure, challenging its reputation as digital gold.
He asserts that this fundamental vulnerability sets crypto apart from assets such as gold.
Giustra has previously warned that a systemic reset could force governments, central banks, and markets to start over, according to a recent article. He has also noted Credem Bank's longstanding practice of accepting cheese as collateral to help farmers manage delayed revenue in another report. His latest comments add to an ongoing discussion of asset safety and alternative stores of value.