In a recent report sent out to clients, Morgan Stanley analystΒ James Faucette cautioned that the “true” value of Bitcoin might actually be zero. Zero. Zip. Nada. The report, titled Bitcoin Decrypted, discussed the difficultyΒ in ascribing value to the digital currency, noting that it behaves like neither a currency nor a store-of-value commodity like gold, silver, etc… Examining several keyΒ factors, Faucette points out: Bitcoin can’t be valued as a currency because it has no associated interest Read More The post Morgan Stanley Analyst: True Price of Bitcoin Could Be Zero appeared first on Bitcoinist.com.



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