Is Bitcoin a Bubble?
The price of bitcoin soared from around $1,000 in mid-2017 to an astounding $19,000 at the end of that year. Today, it is around $4,000. Why has the price of bitcoin fluctuated so much, and why does it remain so valuable today? William Luther, Assistant Professor of Economics at Florida Atlantic University and Director of the Sound Money Project at the American Institute for Economic Research, will consider the fundamental value and various factors affecting bitcoin.
This program is co-sponsored by the Center for Free Enterprise in the College of Business and the Institute for Humane Studies. It is free and open to the public.
Wednesday, January 30 at 4:30pm
Harry Frazier Hall - College of Business, PNC Horn Auditorium, Room 106
110 W. Brandeis Ave. , Louisville, Kentucky 40208