Bitcoin is going bananas! Here's why it’s so valuable

It has the fundamentals to become much greater than it is today.

Farzam Ehsani, RMB

When it was at $1 people thought it was expensive.

Farzam Ehsani, RMB

Bitcoin has skyrocketed to $7882 - yet another record high price - on Thursday.

The latest surge comes after a controversial technology upgrade was shelved.

Why is Bitcoin so valuable?

The Money Show’s Bruce Whitfield interviewed RMB Head of the Blockchain Initiative Farzam Ehsani.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

Cryptocurrencies are the most frictionless assets humanity has ever known.

Farzam Ehsani, RMB

There will only be 21 million of these things out there.

Farzam Ehsani, RMB

Rather than focussing on the price, one needs to understand what the utility of Bitcoin is.

Farzam Ehsani, RMB

This is not something that will disappear anytime soon.

Farzam Ehsani, RMB

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Read More
Bitcoin smashes through R100 000 (trading at record high)

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