Replying to Avatar Nice and Kind Vic

Right now my calculations put the value of 1 BTC at around 25-30 million.

By this logic, gold is very very overvalued.

Which makes sense given it's limited practical industrial utility and failure as modern money. It's subjective value comes from being a collectible, on par with people that go crazy over Nike shoes and Gucci bags.

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utxo the webmaster 🧑‍💻 2y ago

Yes it's definitely overvalued imo

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