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RE: Cryptoasset Research Startup values Bitcoin at $8,000

in #cryptocurrency6 years ago

The executive summary did make an interesting read. I've downloaded the full paper and if I get time will comment. I have a problem with the term "store of value" as it can mean an safe investment of last resort utilised when markets are crashing -Bitcoin has behaved like that in the past but it isn't behaving like that now - or it could be just a literal "store of value" which makes it no different to any asset class with no utility value.

Sorry I'm just writing on the fly. It is unfair to comment without reading your paper as a whole.

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