What is The True Value of Bitcoin?
bitcoin·@chalacuna·
0.000 HBDWhat is The True Value of Bitcoin?
 This is a screen capture from Bitcoin Price app. Many experts in economics had been arguing on the real value of bitcoin. It has been observed for the past few months that bitcoin coin has made drastic change in price swinging from a couple of hundred of dollars to as high as 20000 dollars. Crypto skeptics are undermining the value of bitcoin and said that bitcoin is worthless. Crypto fanatics are having a total faith of bitcoins future. They are HODLING on to bitcoin and wait for the right time to sell at a very high price. It seems that bitcoin and other cryptocurrencies are breaking the basic law of econimics. The theories that xomputes the value of money has been over and over again ignored. It could the right time to reevaluate the old theries of traditional economics and make revisions that would be applicable to the currencies in the digital age. So who says that bitcoin is worthless? Lets just wait and see.
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