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Assess Bitcoins? All you can do is examine the trading patterns, which do not provide a real analysis of any underlying economic value. The economics of investments are not solely based on supply and demand, and that is all that goes into Bitcoin prices.

There is no such thing as absolute value in this world. You can only estimate what a thing is worth to you.

At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions... all good things.

My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether it is creating new money, whether it is sustainable, whether it would survive - I have many questions about it.

Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.

Money is not real. It is a conscious agreement on measuring value.

Bitcoin is mostly about anonymous transactions, and I don't think over time that's a good way to go. I'm a huge believe in digital currency... but doing it on an anonymous basis I think that leads to some abuses, so I'm not involved in Bitcoin.

Nothing is intrinsically valuable; the value of everything is attributed to it, assigned to it from outside the thing itself, by people.

We are beginning to see that money, after all, is not the main thing. The real values cannot be bought and sold.

How do you know what people value? Well, you watch what they buy. How do we know what products to create? Well, it's based on what they value.