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
Discussion
The information from the stock market is inaccurate. That's why nothing makes sense.
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
No. Bitcoin is just money. nothing more nothing less.