Bitcoin Could be Worth Zero or Make Big Return, Says BitMEX CEO5

The price of bitcoin could fall to zero, according to Arthur Hayes of BitMEX cryptocurrency exchange.

The co-founder & chief executive officer made one of his most bearish guesses for the world’s first and foremost cryptocurrency on the sidelines of the Asia Blockchain Summit in Taipei. Speaking to Bloomberg, Hayes clarified that bitcoin is a call option, which means it could be either worth zero or a lot of money in a decade from now. So, it is up to investors how they like to rate the cryptocurrency on or before a particular date.

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