After dizzying gyrations, what's bitcoin really worth? | Business , International

LONDON: After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won’t go away: how much is bitcoin actually worth?
The virtual currency barrelled to new highs to rise more than 400 percent over the past year, before promptly sliding some 20 percent and then settling around $36,000.
When it started life in 2009 as open-source software, bitcoin was essentially worth zero — though within a year it had reached …

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