Is Bitcoin worth $100k or $0? Debate with Saifedean Ammous, Steve Hanke, and Hong Fang (Pt. 1/2)
Watch part 2 of this debate: https://youtu.be/nvYOBVT5TIA
How can Bitcoin be valued, and what is its worth? In part 1 of this panel discussion, Steve Hanke, professor of applied economics at Johns Hopkins University, Hong Fang, CEO of OKCoin, and Saifedean Ammous, author of ‘The Bitcoin Standard’, debate Bitcoin’s utility, history, and its “fundamental value.”
0:00 – Bitcoin’s utility
3:27 – Bitcoin and Austrian Economics
5:18 – Steve Hanke on Bitcoin’s fundamental value
8:23 – Hong Fang’s response to Steve Hanke
16:45 – Saifedean Ammous on Bitcoin’s growth
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