Replying to Avatar greymr

If the stock market is worth the present value of all future cash flows of the companies in the market, shouldn’t #bitcoin today be worth the present value of all future cash flows of all companies / assets / people everywhere, divided by 21mm? Which is why it has a correlation to the “market” because it is THE market
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Eternal 1y ago

The information from the stock market is inaccurate. That's why nothing makes sense.

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greymr 1y ago

I like owning pieces of productive assets I.e. equities of good companies. I had never thought before about when I buy bitcoin I’m actually getting the same exposure + a lot more