How Much Is Bitcoin Really Worth?

Forbes
Forbes
Dec 7, 2017 · 4 min read
PARIS, FRANCE — DECEMBER 05: In this photo illustration a man holds a visual representation of the digital Cryptocurrency Bitcoin. (Photo by Chesnot/Getty Images)

By Rob Berger

I’m sitting at my kitchen table at 6:31 PM ET on Friday, December 1, 2017. The price of Bitcoin is $10,790.58.

It’s here that I’m reminded of something Warren Buffet’s often said. Price is what you pay, value is what you get.

So what value does a Bitcoin buyer get in exchange for $10,790.58 of his or her hard earned U.S. dollars? That’s…

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