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"Anything can be valued at anything" is not an argument. It's just some weird rhetoric you're using to somehow show a parallel between BTC and Stocks. The mat
by jariel 5y ago
"Anything can be valued at anything" is not an argument.
It's just some weird rhetoric you're using to somehow show a parallel between BTC and Stocks.
The material issue here is that stocks can be rationally valued by determining the underlying value of the implied asset ownership - and mostly are - whereas BTC cannot.
That someone can pay $1 Trillion for a pair of shoes, a BTC, or an Amazon shares is not relevant.