Goldman Sachs is right! About BITCOIN
Bitcoin has no intrinsic value but they forgot about Fiat which is the same shit. An intrinsic value asset example it’s gold. If you are not trading gold for goods and services it has value as it is ,using it for jewelry’s or circuits and so on. same thing with oil and other stuff. But the fact that Bitcoin has no intrinsic value doesn’t mean that Bitcoin has no value at all like Fiat everything that we believe has value Will pretty much have...as long as we believe it.
Also I do not think Bitcoin is undervalued, The value of bitcoin it’s exactly the current price but this does not mean that tomorrow will not be 0. Comment below what do you think?
Also I do not think Bitcoin is undervalued, The value of bitcoin it’s exactly the current price but this does not mean that tomorrow will not be 0. Comment below what do you think?
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