Is Bitcoin Worthless or will it double (or more, to $500k)? Finance Expert on BTC price & volatility

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Published Feb 10, 2021

This video discusses Bitcoin's price. I analyze BTC's price (and returns) and also discuss BTC's volatility. I consider whether it has value or whether it could potentially be worthless. This then has implications for whether you might consider buying Bitcoin.

I discuss the two main issues with Bitcoin: (1) Whether Bitcoin has use value as a currency, and/or (2) whether Bitcoin is a store of value.

I highlight that Bitcoin has significant issues with wider use. It is not widely accepted. It is volatile. The bid ask spread is wide. It is thus not attractive for either customers or for corporations.

Bitcoin also has issues as a store of value. It is volatile and is not a natural hedge against anything. Further, scarcity is debatable.

Thus, I highlight the bear case on bitcoin.

#BTC #Bitcoin

My valuation book: [US]: https://amzn.to/2LUwYQW [Australia] https://amzn.to/2WWX6Ra

Courses:
* International Finance: https://financialanalysis.teachable.com/p/international-finance
* Valuation: https://bit.ly/36nFfGp
* Options, Futures, and Derivatives: https://financialanalysis.teachable.com/p/options-futures-derivatives

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*MY GEAR
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Logitech c922: https://amzn.to/2xDUfTs
Softlight setup available here from Amazon: https://amzn.to/2xHVEbF
Wacom writing tablet: https://amzn.to/2YHmyeK