In his plenary talk to the MBA Class of 2017, Professor Arun Sundararajan discusses Uber, Airbnb and the sharing economy; explains the re-aggregation of distributed value from blockchain markets; and speculates on the future of crowd-based capitalism.
Can the price of Bitcoin reach hundred thousand dollars, or more?
Source, World Bitcoin Network
Even if you consider the blockchain as the fundamental innovation of Bitcoin, price matters, and indeed, the higher the price, the more Bitcoin is protected.
This time we focus on price, specifically in the attempt to model the price of Bitcoin. Models may not predict the price, but the certainly provide a better understanding.
The video walk you through the concepts and challenges of modelling the price of Bitcoin. From velocity, transaction volume, supply, to all the big markets Bitcoin proposes to disrupt (hedge funds, gold, e-commerce, money supply, remittances etc).