论文标题
爷爷，爷爷，告诉我一个关于比特币是一个避风港的人：Covid-19-pandemics的证据
Grandpa, grandpa, tell me the one about Bitcoin being a safe haven: Evidence from the COVID-19 pandemics
论文作者
论文摘要
比特币是避风港资产是加密货币社区中的传统故事之一。但是，在其存在和相关的存在期间，即大约自2013年以来，全球金融市场上没有严重的情况证明或反驳这一故事，直到Covid-19-19-pandemics。我们研究比特币和两个基准的分位数相关性-S \＆P500和VIX - 我们将其与黄金作为传统的避风港资产进行了比较。比特币避风港的故事被展示和讨论为未经证实且牵强的，而黄金在本次比赛中是一个明显的赢家。
Bitcoin being a safe haven asset is one of the traditional stories in the cryptocurrency community. However, during its existence and relevant presence, i.e. approximately since 2013, there has been no severe situation on the financial markets globally to prove or disprove this story until the COVID-19 pandemics. We study the quantile correlations of Bitcoin and two benchmarks -- S\&P500 and VIX -- and we make comparison with gold as the traditional safe haven asset. The Bitcoin safe haven story is shown and discussed to be unsubstantiated and far-fetched, while gold comes out as a clear winner in this contest.
