# Professor Aswath Damodaran shares his views on bitcoin's pricing

1 Faculty News October 24, 2017 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html) -- "'I think the better path for bitcoin is to actually make it a digital currency, a currency that you and I can take on our travels and use actually to buy stuff and sell stuff. If that happens, then I'm OK with the pricing,' said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor of corporate finance and valuation at New York University's Stern School of Business."

[Read more](https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html)