SteveHanke: We know the value of Bitcoin, but we don't know its value

2021-12-26 06:15
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Golden Financial reported that Steve Hanke, who was a financial advisor during the Reagan administration, said in an interview that the price of cryptocurrency was hard to come by. That's the point. It can be zero because we know what it is, but we don't know its value below. “The market expert asked how to get the most out of Bitcoin when determining Bitcoin's exchange rate and its advantages (eg US dollar), adding that there is no blueprint for price exchange that can generate profit on Bitcoin exchange Bitcoin / US Dollar exchange rate. It is similar to the parity interest when using other models below to get financial benefits. Hanke said there is no way to determine the similar interest rate between Bitcoin and a global currency, and both models are used to measure the value of an unsustainable exchange rate in the arena. Bitcoin. (Yahoo finance)

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