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> Bitcoins will attain their true value of zero sooner or later, but it is impossible to say when... Bitcoins are the most demonstrably valueless financial asse
by bitcartel 13y ago
> Bitcoins will attain their true value of zero sooner or later, but it is impossible to say when... Bitcoins are the most demonstrably valueless financial asset ever created
It looks like John Quiggin is basing his views upon his extensive prior research[1] into Bitcoin, and he is not simply jumping onto the bandwagon like so many other economists.
[1] http://johnquiggin.com/?s=bitcoin http://johnquiggin.com/?s=bitcoin
- gwern 13y agoSince in the OP he fails to explain any reasons why anyone might find Bitcoin useful or valuable in the first place, one could doubt the quality of his 'extensive prior research'.