Yes, this is based solely on the illicit drug market. It is basically pricing it as if there were no other use cases or adoptions for the coin
RE: Is it possible to find Bitcoin's intrinsic value?
You are viewing a single comment's thread from:
Is it possible to find Bitcoin's intrinsic value?
The illicitness would mean a massive crime across the globe. I believe that just like gold or other pegged fiat currencies. This has come into being but internet based hence its value is realized through the exchange conversion widely acceptable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit