Bitcoin – 'the value must be zero now'

Bitcoin – 'the value must be zero now'
Is blockchain ever going to be useful technology? (Image: Deposit Photos)
Brian Gaynor
Nassim Taleb, the highly regarded US academic and writer, was in the spotlight this week after his paper Bitcoin, currencies, and bubbles was published.It included the headline-grabbing statement that bitcoin’s “value must be zero now”.He made the following comments: “The customary standard argument is ‘bitcoin has its flaws but we are getting a great technology, we will do wonders with the blockchain’. No, there is no evidence that we are getting a great technology – unless ‘great technology...

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