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Bitcoin is a currency. Twitter is a company. The comparison doesn't make a whole lot of sense.

• trendia 10y ago
  The US dollar is now worth more than Microsoft.
  • jamez1 10y ago
    US government debt is now worth more than the US dollar its worth is measured in
    • PhasmaFelis 10y ago
      Of course it is. If it was worth less than the US dollar, Obama would've paid it out of pocket change by now.
    • adventured 10y ago
      Dramatically disagree with the premise. I'd like to see someone put a value on owning the global reserve currency over the next 30 years (in a nation that owns 43% of all global private wealth, which is mostly accounted for in USD; with a global economy powered by commodities almost exclusively priced in dollars). US Government debt is worth maybe 1% to 2% of what the USD is really worth today. I don't believe you can account for a currency's realistic worth while ignoring all the assets primarily or solely denominated in that currency, to say nothing of the immense leverage / power / economic benefits that the global reserve status brings along (that alone is blatantly worth more than all US Government debt).
      • jamez1 10y ago
        My comment was half tongue in cheek, but it's still accurate. US government debt has to be paid in USD, it doesn't matter what other assets they own, that can only be used to buy USD. Unless you barter with bondholders and have them accept these other assets? But that misses the point, we all know the situation is manageable, but it's an interesting idiosyncrasy nonetheless.
    • deleted 10y ago
      [deleted]
  • visarga 10y ago
    Yes, but the Universe is worth more than US! Got you.
• toomim 10y ago
  Coin offerings are the new stock. Venture Capital is now investing in both: https://www.linkedin.com/pulse/introduction-initial-coin-offerings-icos-venture-capital-tim-r-lea https://www.linkedin.com/pulse/introduction-initial-coin-off... So actually, they are now comparable.
  • fnovd 10y ago
    Bitcoin is not a blockchain-based VC company. Bitcoin simply uses a blockchain. They are not comparable.
    • toomim 10y ago
      They are comparable to investors. Investors have to choose whether to put their money into Company A, Company B, or Coin C. To make this choice, they are comparing companies with coins. Take your blinders off. You are getting disrupted.
• drvdevd 10y ago
  This was an unfortunate title to an otherwise not so horrible article. It really didn't press the comparison too hard.
• qwrusz 10y ago
  What? Sorry to rain on your common-sense parade, but the article says: "twitter is a useful measuring stick here, as it is a company of intense worth that is hard to value." I don't know what that means. But after exploring Mattermark's website I'm not clear what they offer their users for $500 a month. Anyone use Mattermark and can offer insight? They seem to scrape publicly available data about companies, organize it and offer an API? They also have some sort of "Mattermark Score" for companies they track. If they don't know the difference between a currency and company, I'd be curious to know what this score involves too.
• strathmeyer 10y ago
  "What's wrong with comparing apples and oranges? They're both fruit!"