RATE Group | Researcher: Bitcoin’s Value Proposition Still ‘Massively Underpriced’
36732
wp-singular,post-template-default,single,single-post,postid-36732,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Researcher: Bitcoin’s Value Proposition Still ‘Massively Underpriced’

27 Jul Researcher: Bitcoin’s Value Proposition Still ‘Massively Underpriced’

Posted at 23:30h in Bitcoin News by

[ad_1]

Bitcoin may still be significantly undervalued due to mainstream investors missing its “value proposition,” a Swiss researcher has concluded.

‘Only Viable Candidate For Non-Sovereign Store Of Value’

Thomas Huber — a member of the Chair of Entrepreneurial Risks at the Department of Management, Technology and Economics at ETH Zurich university — made the claims as part of ongoing research into cryptocurrency markets this week.

Uploading multiple findings to Twitter on Wednesday, Huber championed Bitcoin over altcoins as having essential benefits absent elsewhere. He wrote:

Bitcoin is currently the only viable candidate for a non-sovereign store of value, but it seems that it’s still massively underpriced. This under-appreciation of bitcoin might be the result of how investors evaluate cryptocurrencies.

[ad_2]

Source link