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Sure, why not? After all, Bitcoin is worth $1.6 trillion, and I have a much harder time rationalizing that.
by getnormality 2y ago
Sure, why not? After all, Bitcoin is worth $1.6 trillion, and I have a much harder time rationalizing that.
- s1artibartfast 2y agoI have no problem with bitcoin valuation. It isnt a company intending to create revenue. It is a relatively arbitrary store of value, not an expectation of utility. Openai would need 15 Billion in profit of 15 billion per year for a P/E of 20 with zero risk, or a 10% chance of 150 Billion profits per year. Alphabet is about 100B earnings per year. Do you think Open AI has a 10% chance of being bigger than google? it doesnt have a moat, but I guess google doesnt either, it just dominates its market.