Which of the following statements is LEAST consistent with the lecture material on investing in crypto-currencies such as Bitcoin:

Question

Answer

They should increase in value over the long-term if there is limited supply.

Answer

They are generally considered a speculative investment that is akin to gambling.

Answer

Bitcoin has little ‘value in use’ for legal uses since it is not currently an effective medium of exchange.

Answer

They do not normally generate cash flows while you hold them (such as dividends or interest).

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