Placeholder Image

Subtitles section Play video

  • And how do you feel about Bitcoin?

  • So, we've been looking a lot at...

  • particularly Blockchain as a technology,

  • so let's say in back when we started to use Blockchain,

  • I think it is a technology which is gonna get more and more adoption over time.

  • But what that doesn't mean,

  • is that the value of Bitcoin and broader cryptocurrencies,

  • should continue to go up and up.

  • Cryptocurrencies show many of the characteristics of a bubble right now,

  • which is: you've seen spectacular price increases,

  • the main argument for buying them is that prices have risen,

  • and are therefore going to continue to rise over time,

  • but there is no inherent right or wrong price for Bitcoin.

  • What's the fair value on that?

  • I'm an investor, I like to come up with what's the fair value.

  • I think about the fair value of stocks, or the fair value of bonds.

  • I can't answer the question of what's the fair value for Bitcoin or any cryptocurrency,

  • and for that reason,

  • I'm not an earner.

And how do you feel about Bitcoin?

Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

A2 US fair cryptocurrencies blockchain bubble technology price

$6 TRILLION INVESTMENT CHIEF: Bitcoin is a bubble

  • 45 1
    Jerry posted on 2017/10/30
Video vocabulary