Bitcoin’s volatility is its Achilles’ heel and the reason it will never serve as a reliable unit of account or currency. Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.
Eulogy made by Steve Hanke
Bitcoin’s volatility is its Achilles’ heel and the reason it will never serve as a reliable unit of account or currency. Bitcoin is nothing more than a highly speculative asset with a fundamental value of ZERO.
Eulogy made by Steve Hanke
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