A view on what BTCs value could be… note the part that says all models are wrong and also it’s really dependent on whether people will adopt/use it…..
As mathematician George Box said, “All models are wrong, some are useful.” We have set out to construct a framework for pricing bitcoin but it is important to understand the variables. From our thinking, it seems possible that bitcoin could eventually increase in price by orders of magnitude, but it all depends on bitcoin’s level of adoption. The most important question is “Will people use bitcoin?”
Read more: What Is Bitcoin’s Intrinsic Value? | Investopedia https://www.investopedia.com/articles/investing/091814/what-bitcoins-intrinsic-value.asp#ixzz53D8jEagF
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