Is bitcoin junk?
Bitcoin has built up a substantial following in recent years. Although the cryptocurrency has no intrinsic value, it does have imputed value. The result is that volatility is endemic to the cryptocurrency and wild price swing is the norm rather than the exception.
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| Format: | Commentary |
| Language: | English |
| Published: |
2021
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| Online Access: | https://hdl.handle.net/10356/152607 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Bitcoin has built up a substantial following in recent years. Although the cryptocurrency has no intrinsic value, it does have imputed value. The result is that volatility is endemic to the cryptocurrency and wild price swing is the norm rather than the exception. |
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