- While we are in the midst of a speculative frenzy, the value of Bitcoin will ultimately be determined by its usefulness.
- Even if we think the speculative frenzy is likely to continue for some time to come.
- With respect to the usefulness of Bitcoin, could you run an economy on it? We’ll investigate.
Source: A Bitcoin Economy? – Winklevoss Bitcoin Trust ETF (Pending:COIN) | Seeking Alpha