2 economists just eviscerated bitcoin, saying it should be trading at $20

Bitcoin reached its lowest point in more than two months Thursday, but two economists still think the cryptocurrency is trading at a massive premium. The now-famous digital currency, which captured the attention of the public when it soared beyond $ 19,000 in mid-December, fell below $ 8,700 a coin …
Google Alert – bitcoin

Most economists think bitcoin won't bring down the global economy—yet

Visa can process 47,000 transactions a second, compared to the seven-transactions-a-second processing power of bitcoin. Economists Jonathan Chiu and Thorsten Koeppl found that when they modeled bitcoin behavior (pdf) with one of the most common economic models, bitcoin was 450 times more …
Google Alert – bitcoin