Morgan Stanley Analyst: True Price of Bitcoin Could Be Zero – Bitcoinist. In a recent report sent to clients, Morgan Stanley analyst James Faucette zero fee bitcoin purchase that the “true” value of Bitcoin might actually be zero.
What are you looking for? Receive all Bitcoinist news in Telegram! Bitcoin might actually be zero. It may be likened to digital gold but, unlike gold itself, which is used in electronics, jewelry, etc. If nobody accepts the technology for payment then the value would be 0. I hate to burst your bubble, Mr.
Mind you, I am no financial analyst, but then you don’t need to be to pick out these errors. This one is a little tricky to refute, but I’ll give it a go. Playing devil’s advocate, let’s say that Bitcoin as a cryptocurrency has no inherent use. It’s underlying architecture, the blockchain, has a wide range of applications.