{"id":157302,"date":"2018-07-27T18:00:47","date_gmt":"2018-07-27T22:00:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/researcher-bitcoins-value-proposition-still-massively-underpriced\/157302"},"modified":"2021-07-28T03:58:23","modified_gmt":"2021-07-28T07:58:23","slug":"researcher-bitcoins-value-proposition-still-massively-underpriced","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/researcher-bitcoins-value-proposition-still-massively-underpriced","title":{"rendered":"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019"},"content":{"rendered":"
\"\"<\/div>\n

Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.<\/strong><\/p>\n

\n

\u2018Only Viable Candidate For Non-Sovereign Store Of Value\u2019<\/h3>\n

Thomas Huber \u2014 a member of the Chair of Entrepreneurial Risks at the Department of Management, Technology and Economics at ETH Zurich university \u2014 made the claims as part of ongoing research into cryptocurrency markets this week.<\/p>\n

Uploading multiple findings to Twitter on Wednesday, Huber championed Bitcoin over altcoins as having essential benefits absent elsewhere. He wrote:<\/p>\n

Bitcoin is currently the only viable candidate for a non-sovereign store of value, but it seems that it\u2019s still massively underpriced.\u00a0This under-appreciation of bitcoin might be the result of how investors evaluate cryptocurrencies.<\/p><\/blockquote>\n

\n

1) Bitcoin is currently the only viable candidate for a non-sovereign store of value, but it seems that it’s still massively underpriced. This under-appreciation of bitcoin might be the result of how investors evaluate cryptocurrencies.<\/p>\n

\u2014 Tobias A Huber (@TobiasAHuber) July 26, 2018<\/a><\/p><\/blockquote>\n

The \u2018Reinvention Of Money\u2019 Is Under Investors\u2019 Noses<\/h3>\n

Bitcoin is undergoing a shift in opinion<\/a> this month after prices rose almost $2000 in a matter of days \u2014 prompting speculation that a new bull market would take over, going forward.<\/p>\n

Regulators declined to allow a Bitcoin exchange-traded fund (ETF) by Cameron and Tyler Winklevoss a second time Thursday, however, while other candidates\u2019 offerings remain undecided.<\/p>\n

For Huber, traditional investors have \u201cmissed\u201d some of the principle advantages Bitcoin offers \u2014 namely, a \u201csecure, decentralized, and censorship-resistant\u201d payment protocol which constitutes the \u201creinvention of money.\u201d He summarized:<\/p>\n

Given their access to tech startups and the USD, many tech and Wall Street investors merely perceive bitcoin as an asymmetric bet or call option. This resulted in the under-valuation of bitcoin\u2019s store of value proposition and it\u2019s hard-coded\/immutable monetary policy.<\/p><\/blockquote>\n

Such perceptions thus led to overenthusiastic investment in alternative cryptocurrencies such as Ethereum, which Huber says will likely not see a key money influx in the future. He continued:<\/p>\n

Given [monetary protocols\u2019] open-source nature, value capture, however, probably won\u2019t occur at the platform level. The value of ETH, for example, is likely priced in already.\u00a0In contrast, most value will likely accrue to the winning monetary protocol because of its unique network effects.<\/p><\/blockquote>\n

That likely means Bitcoin.<\/p>\n

\"What<\/p>\n

Despite common criticism that the lack of developmental progress makes alternatives such as Ethereum more attractive, Bitcoin\u2019s unique selling point remains just that: it fulfills its remit unfailingly. Huber noted:<\/p>\n

In the case of a monetary protocol\u2014which needs to be secure, decentralized, and censorship-resistance \u2014 a low-innovation rate is a feature, not a bug.\u00a0Monetary \u2018innovation\u2019 has\u2014as interventionist central bank policies illustrate \u2014 mainly resulted in the debasement of money.<\/p><\/blockquote>\n

What do you think about Tobias Huber\u2019s comments on Bitcoin? Let us know in the comments below!\u00a0<\/em><\/strong><\/p>\n

\n

Images courtesy of Shutterstock, Twitter.<\/em><\/p>\n

The post Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019<\/a> appeared first on Bitcoinist.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded. \u2018Only Viable Candidate For Non-Sovereign Store […]<\/a><\/div>","protected":false},"author":183,"featured_media":157306,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-157302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"\nResearcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019 - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019\" \/>\n<meta property=\"og:description\" content=\"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-27T22:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-28T07:58:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wilma Woo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wilma Woo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\"},\"author\":{\"name\":\"Wilma Woo\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/7826ccf9d101580d9aee38e4cfc2971d\"},\"headline\":\"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019\",\"datePublished\":\"2018-07-27T22:00:47+00:00\",\"dateModified\":\"2021-07-28T07:58:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\"},\"wordCount\":488,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg\",\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\",\"name\":\"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019 - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg\",\"datePublished\":\"2018-07-27T22:00:47+00:00\",\"dateModified\":\"2021-07-28T07:58:23+00:00\",\"description\":\"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg\",\"width\":640,\"height\":400},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/7826ccf9d101580d9aee38e4cfc2971d\",\"name\":\"Wilma Woo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/207ab80c22fa9b4fec135d39f47e5727?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/207ab80c22fa9b4fec135d39f47e5727?s=96&d=mm&r=pg\",\"caption\":\"Wilma Woo\"},\"url\":\"https:\/\/insidebitcoins.com\/author\/wilma-woo\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019 - InsideBitcoins.com","description":"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302","og_locale":"en_US","og_type":"article","og_title":"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019","og_description":"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.","og_site_name":"InsideBitcoins.com","article_published_time":"2018-07-27T22:00:47+00:00","article_modified_time":"2021-07-28T07:58:23+00:00","og_image":[{"width":640,"height":400,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg","type":"image\/jpeg"}],"author":"Wilma Woo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wilma Woo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302"},"author":{"name":"Wilma Woo","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/7826ccf9d101580d9aee38e4cfc2971d"},"headline":"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019","datePublished":"2018-07-27T22:00:47+00:00","dateModified":"2021-07-28T07:58:23+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302"},"wordCount":488,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg","articleSection":["More Crypto News"],"inLanguage":"en-US","copyrightYear":"2018","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302","name":"Researcher: Bitcoin\u2019s Value Proposition Still \u2018Massively Underpriced\u2019 - InsideBitcoins.com","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg","datePublished":"2018-07-27T22:00:47+00:00","dateModified":"2021-07-28T07:58:23+00:00","description":"Bitcoin may still be significantly undervalued due to mainstream investors missing its \u201cvalue proposition,\u201d a Swiss researcher has concluded.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/shutterstock_377297116-e1532690230426-640x400-1.jpg","width":640,"height":400},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/7826ccf9d101580d9aee38e4cfc2971d","name":"Wilma Woo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/207ab80c22fa9b4fec135d39f47e5727?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/207ab80c22fa9b4fec135d39f47e5727?s=96&d=mm&r=pg","caption":"Wilma Woo"},"url":"https:\/\/insidebitcoins.com\/author\/wilma-woo"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/183"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=157302"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/157306"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=157302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=157302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=157302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}