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> Compares equities to digital assets that function like commodities. Then ironically makes a gold commodity analogy The startups that issue the digital commod
by gammateam 8y ago
> Compares equities to digital assets that function like commodities. Then ironically makes a gold commodity analogy
The startups that issue the digital commodities are doing ok and can still raise.
The digital assets they created would be valued more by their utility and scarcity, which would have ebbs and flows just like a commodity. It is fine that they dont have utility or scarcity, if the infrastructure and ux around them improves than they will and you can pick them up from the lows. There is a reason that commodity trading never made it into the retail investor portfolio, as there is no reason to have passive investment in them
As long as you, and the retail investor, continues expressing their unfamiliarity with this market through equity investment analogies, the information asymmetry will maintain massive and advantageous to those that do have a valuation model.