That's not the case for Venezuelans, Turks, and Persians. In fact according to news reports, BTC shot up to the equivalent of $8,400 in Iran. Turkey saw a big spike during its crisis. Venezuelans--well, just ask some of them, they're all over Steemit.
But it doesn't need to be a safe haven. It needs to serve as a chaos hedge. It's much easier to buy than gold and much easier to sell, cheaper to store and less expensive to exchange. Plus nobody can confiscate it. In financial crisis, that's where the money will go. As a result, prices will go up. Then the early buyers will sell. It's not because they want safety, it's because they want to preserve or grow their wealth. They're rich, greedy, or savvy (possibly all three), they're getting ahead of the curve and making sure they have their wealth in something that won't fail. They did it during the 2008 global crisis, they did it during the 2000 US crisis, they did it during the 1998 Asia crisis, they do it all the time.
RE: Quora Corner -- Crypto in a Global Recession?