Austrian economist Bitcoin has no intrinsic value

in #bitcoin6 years ago

Recently Austrian economist Fernando Ulrich said on Twitter that from an investment perspective intrinsic value (IV) refers to the "real economic value" of a company that Benjamin Graham proposed more than 100 years ago. . The intrinsic value of a company is usually calculated using the Cash Flow Discount Method (DCF) for a fundamental analysis. In this perspective Bitcoin has no intrinsic value.

Coin Marketplace

STEEM 0.13
TRX 0.24
JST 0.031
BTC 81549.76
ETH 2085.72
USDT 1.00
SBD 0.84