Is there a future in bitcoin, like a value asset?

19 November 2017, 20:24 | Science and Health
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Investor and specialist in venture investment Bill Gurley believes that bitcoin has a great potential for preserving value and is a good value asset.

In an interview with CNBC, the financier said that the price of bitcoin will continue to grow.

His company has invested a little in crypto-currencies, and he himself believes that bitcoin expects a bright future, since unlike other currencies, it represents an excellent value asset.

I believe that the potential of bitcoin as an asset for maintaining value is huge. I do not see anything irrational in this. Many people who live in countries with unstable economies prefer to receive money in bitcoin.

How does Wall Street assess the future of the Crypto?.

Opinions of experts from various companies from Wall Street are divided. Some believe that the crypto currency expects a bright future, others - that it is a bubble and deception.

However, the reality, in which crypto-currencies are beginning to enjoy increasing popularity, does not allow them to be ignored anymore. For example, Avi Ben David, co-founder of SPiCE VC, believes that Bitcoin literally changes key concepts in the financial world. Historically, people considered a value asset something that can be owned and that can be sold at a predictable (more or less accurate) price, but bitcoin is also a digital asset.

Bitcoin today is like Facebook, when he used only 10 million people, imagine what will happen when the number of users exceeds a billion?.

He is opposed by Eyal Hertzog, co-founder of Bancor:.

Each value asset that humanity knew to this day, in addition to the function of preserving value or value, there were other functions. For example, you can buy something for money. In order for crypto currencies to become a value asset, they need to become useful as something else.




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