#Bitcoin (and crypto) is still too hard to understand for most people. Even top economists can’t explain why it is worth 1.3 trillion.

https://finbold.com/us-economist-explains-why-bitcoin-is-a-failure/?utm_source=flipboard&utm_content=topic%2Fcryptocurrency

Peter Schiff’s point about “$128 and it takes a half hour to process” is just silly. How much does it cost to mine gold and how long does it take for you to buy it? And he is a top economist.

Like it or not, Bitcoin is here to stay.