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Is bitcoin a bubble or the future of everything?


Business Insider’s Henry Blodget and Sara Silverstein check in on the debate raging around the red-hot bitcoin and cryptocurrency market. Blodget doubles down on prior comments that bitcoin is a perfect example of a speculative bubble, and lacks intrinsic value. Silverstein is a bit more enthusiastic about bitcoin’s prospects, and says that many of the arguments against it can be applied to other assets, even gold. She also stresses that a great deal of bitcoin pessimism stems from a lack of understanding.

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