Bitcoin will go to zero

26 December 2017, 15:14 | Economy
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Bitcoin faces the fate of a donut-hole. To this opinion came the experts of Morgan Stanley Bank. Analyzing the situation on the crypto currency market, they noted that despite the insane growth and growing popularity of bitcoin in the world, it is more like an expensive toy than for real money. Consequently, his fate is a foregone conclusion.

"If no one takes bitcoins as a means of payment, their cost will be zero," - says the opinion of analysts Business Insider. Meanwhile, up to now, according to Morgan Stanley, among the 500 largest online stores in the world, only three agree to consider bitcoins as a means of payment.

However, interest in crypto-currencies is gradually declining. If, on the whole, transactions in the world foreign exchange market total $ 5.4 trillion a day, the share of electronic money is about $ 3 billion maximum.




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