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The Simple Reasons Why the Bitcoin Price Will Never Go to Zero

P. H. Madore
Updated
bitcoin price hodl
bitcoin price hodl

By CCN.com: This publication recently covered a talk at Davos in which Jeff Schumacher claims the Bitcoin price is on the way to zero. In this article, we discuss two simple reasons why this is an impossibility.

As CCN’s Christina Comben writes:

Schumacher is a top investor and relative veteran in the space. He told an open-mouthed CNBC panel that he believed bitcoin has no value and that it was useless as a currency. Instead, he’s far more interested in blockchain technology.

Schumacher gave an opinion we haven’t heard in a while, the “based on nothing” argument.

Read the full story on CCN.com

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