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Intrinsic value is a specific term in finance [0] and it is by definition an estimation/approximation. Saying there's no such thing as intrinsic value because v
by Etheryte 5y ago
Intrinsic value is a specific term in finance [0] and it is by definition an estimation/approximation. Saying there's no such thing as intrinsic value because value is subjective is like saying there's no variables that are undefined because undefined variables have a defined value of undefined.
[0] https://www.investopedia.com/terms/i/intrinsicvalue.asp https://www.investopedia.com/terms/i/intrinsicvalue.asp
- Geee 5y agoIt makes sense for something that produces cash flow, but saying that bitcoin doesn't have intrinsic value and therefore no value is just stupid.