"Bitcoin: a first assessment" Bank of Amerika

[minime]

Hello,

here an interesting view on bitcoin from one of the largest banks on this earth.
 
https://www.documentcloud.org/documents/885843-banks-research-report-on-bitcoin.html

Greetz

[maurya78]

Yes saw this
Wall Street picking btc up is actually a pretty big deal but has gotten submerged by the bad news this week

[An amorous cow-herder]

Pretty good read actually. Even if calculations are a slightly different from mine (basicly i´m assuming that if bitcoin gets used as much as paypal today the sum of bitcoins will be worth around as much as all the paypal shares combined) the assumptions are pretty much the same. So basicly a bitcoin could be worth about as much (intrinsic value) as it actually costed during the last ATH (speculative value).