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[Finance] The role of bit coin as currency and its value.2017-10-31 16:43:22Hit:406

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Written in Oct 31, 2017

Link:
https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html
https://www.cnbc.com/2017/10/26/bitcoin-underestimated-peter-thiel-says.html

Bitcoin shows a ridiculous growth of 600% compared to the end of last year, but there is much controversy about qualification as to whether it can replace money.

In the first article, there is no controversy about the growth of bitcoin as a bubble yet, but it shows a negative opinion as to whether it can replace money.

Conversely, in the second article, the price of bitcoin is underestimated and is expected to rise to $10,000 in the future. It also says that it will serve as a virtual currency to replace money in the future.
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