pull down to refresh

With no cash flow, no expected cash flow and no 3,000-year correlation with inflation (looking at you, gold), there is no way to price it. Maybe it will end up digital gold. Maybe digital tulips. Either way, right now there is no way to tell a story that makes it a reliable store of value.
wtf Bloomberg! Did gold have the 3000 year correlation in first 15 years? And the chashflow you talking about is not hardly 300 years old?
0 sats \ 0 replies \ @brent 36m
LOL three weeks before 2026, after JP Morgan did a 180 and offers a BTC leveraged fund, and Vanguard caved in and allows access to BTC ETFs, with sovereign wealth funds world wide accumulating, Merryn Somerset Webb still summons "tulips" as a proxy for her inability to think outside of the fiat paradigm. Shameless ragebaiting, or pathetic lack of imagination?
reply
...and tulips weren't a thing, assface. What, they don't have editors or fact-checkers at Bloomberg to tell off their authors when they're being stupid?
reply