BITCOIN DEATHS

February 10, 2021
Bitcoin Price: $44855.62

THE FUNDAMENTAL VALUE OF BITCOIN IS ZERO

Since the fundamental value of bitcoin is zero and would be negative if a proper carbon tax was applied to its massive polluting energy-hogging production, I predict that the current bubble will eventually end in another bust… Risky, volatile bitcoin doesn’t belong in the portfolios of serious institutional investors.

Economist and Professor, NYU


Source: Insider