A factor driving bitcoin’s rally could be that people think owning it gives them social status – Business Insider


Business Insider

A factor driving bitcoin's rally could be that people think owning it gives them social status
Business Insider
Analysts from Bernstein Research compared the recent demand for bitcoin to markets in China's anti-ageing medicine and high-end liquor. Their research considered the characteristics of a Veblen good — a product which gains its appeal from the social ...

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