Post
Topic
Board Economics
Re: BITCOIN IS NOT BUBBLE!!
by
Elizabeth4Mitchell
on 31/07/2018, 06:49:37 UTC
Bitcoin is simply a "bubble", an asset that has no intrinsic value if its value goes to zero when the trust is gone.
The value and demand for Bitcoin will increase as only a total of 21 million Bitcoin is "dug out". In addition, the amount of Bitcoin dugout will decrease over time as Bitcoin deals, in other words, Bitcoin's demand will increase but the supply is not sufficient. This will increase the value of Bitcoin in the future.