{"id":3998,"date":"2022-06-30T10:40:52","date_gmt":"2022-06-30T10:40:52","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/06\/30\/bitcoins-value-can-be-looked-at-in-different-ways-says-ftx-us-president\/"},"modified":"2022-06-30T10:40:52","modified_gmt":"2022-06-30T10:40:52","slug":"bitcoins-value-can-be-looked-at-in-different-ways-says-ftx-us-president","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/06\/30\/bitcoins-value-can-be-looked-at-in-different-ways-says-ftx-us-president\/","title":{"rendered":"Bitcoin&#8217;s value can be looked at in different ways, says FTX US President"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p dir=\"ltr\">FTX U.S. President Brett Harrison\u00a0<a href=\"https:\/\/www.cnbc.com\/video\/2022\/06\/23\/crypto-is-still-drawing-in-an-enormous-amount-of-venture-capital-says-ftxs-brett-harrison.html\" rel=\"noopener noreferrer\" target=\"_blank\"><u>told<\/u><\/a> CNBC\u2019s \u2018Squawk Box\u2019 on Thursday that the crypto business remains to be seeing enormous enterprise capital investments regardless of the robust occasions occasioned by the bear market.<\/p>\n<p dir=\"ltr\">According to the FTX US boss, whereas the business continues to face the blunt drive of the crypto winter, markets will ultimately get well.<\/p>\n<p dir=\"ltr\">He notes extra capital, as tasks take the downturn as a chance to construct, bringing in new expertise and merchandise, a bounce out of the outlet might see extra individuals undertake crypto and associated providers. \u00a0<\/p>\n<h2>Different strategies of valuing Bitcoin<\/h2>\n<p dir=\"ltr\">Talking particularly about Bitcoin, the world\u2019s main cryptocurrency, Harrison says there are different methods of trying at BTC\u2019s value. He notes that different individuals look at this facet in a different way.<\/p>\n<p dir=\"ltr\">\u201c<em>It\u2019s difficult<\/em>,\u201d he informed CNBC as he mentioned among the different strategies of trying at Bitcoin.<\/p>\n<p dir=\"ltr\">\u201cT<em>here are a lot of different proposed methods. Some of it has to do with the future flow of all the Bitcoin that could be mined in the system and of course the cost of mining that Bitcoin<\/em>,\u201d he added.<\/p>\n<p dir=\"ltr\">Another approach of trying at it&#8217;s what some individuals see as \u201c<em>a store of value, something that is independent of any particular government\u2019s control. Monetary supply that\u2019s safe and can be moved around the world, you know, safely and instantly.<\/em>\u201d<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ftxs-harrison-on-how-to-model-bitcoin-price-outlook-a-lot-of-different-proposed-methods\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] FTX U.S. President Brett Harrison\u00a0told CNBC\u2019s \u2018Squawk Box\u2019 on Thursday that the crypto business remains to be seeing enormous enterprise capital investments regardless of the robust occasions occasioned by the bear market. According to the FTX US boss, whereas the business continues to face the blunt drive of the crypto winter, markets will ultimately 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