Bitcoin Value = $0? Morgan Stanley Makes a Flawed Argument

The post Bitcoin Value = $0? Morgan Stanley Makes a Flawed Argument appeared first on CCN

Earlier this week, Morgan Stanley, the third largest investment bank in the global finance market with a $95 billion market cap behind Goldman Sachs and JPMorgan Chase, stated in a research paper that the future value of bitcoin could drop to zero, given its lack of “intrinsic value” and base price. A few days ago, … Continued

The post Bitcoin Value = $0? Morgan Stanley Makes a Flawed Argument appeared first on CCN

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