Morgan Stanley Bank analyst James Fawcett sent a document to his clients a few days ago, saying that the cost of cryco-zero bitcoin is zero, Business Insider. At the time of the writing of the analytical note, bitcoin cost about 14 thousand. $ 400. According to Fawcett, it is very difficult to assess what the real value of popular crypto currency is, since it is not currency or gold. The analyst stressed that bitcoin is not a currency, since the interest rate is not associated with it. It also can not be a complete likeness of digital gold, since yellow metal is used in industry and jewelry.

But there is some parallel between gold and bitcoin, since investors attribute a certain value to the crypto currency. Bitcoin in a certain sense is a payment system, but one that is difficult to assess and for the use of which it is impossible to charge a fee. In addition, the amount of transactions at bitcoin per day is $ 300 million, while in the payment system Visa - $ 17 billion. It is noted that in January 2017. the bitcoin rate was $ 1 thousand. for a unit, and by December reached $ 20 thousand. Over the past week, the Crypto-currency has "lost weight" to about $ 14,000.