Les Affaires Plus - Is a bitcoin too expensive?
In its summer 2021 edition, the Les Affaires Plus magazine published an article (in French only) entitled "Le bitcoin est-il trop cher?" on page 14. This article by Ian Gascon, president of Idema Investments, explains why it is difficult to establish a intrinsic value for a bitcoin. It also shows that a high required electricty usage renders this technology less attractive.
About Idema Investments
Idema Investments is a portfolio manager that offers the first online investment solution that gives independent, personalized and low cost investment advice, also known as a "robo-advisor". A long term oriented systematic approach combined with the use of Exchange traded funds (ETFs) allows us to offer portfolios tailored to the needs of both do-it-yourself investors and investors looking for a managed portfolio solution. Follow our ETF blog on lesaffaires.com
