Morgan Stanley Analyst True Price of Bitcoin Could Be Zero

In a recent report sent out to clients, Morgan Stanley analystJames Faucette cautioned that the &8220true&8221 value of Bitcoin might actually be zero. Zero. Zip. Nada. The report, titled Bitcoin Decrypted, discussed the difficultyin ascribing value to the digital currency, noting that it behaves like neither a currency nor a store-of-value commodity like gold, silver, etc&8230 Examining several keyfactors, Faucette points out Bitcoin can&8217t be valued as a currency because it

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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