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A bubble? We don't even know how to value Bitcoin

  • Written by Alicia (Lucy) Cameron, Senior Research Consultant, CSIRO
imageIs Bitcoin a bubble?Marco Verch/flickr, CC BY-SA

Bitcoin is a “speculative mania” according to the governor of the Reserve Bank of Australia. But it’s not so easy to say that Bitcoin is a bubble - we don’t know how to value it.

Recent price rises (close to A$18,000 in the past three months) may be too great and can’t...