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50 sats \ 6 replies \ @Undisciplined 26 May \ on: Is Bitcoin Overvalued? bitcoin
I really like these succinct analyses.
I’d be curious to get your thoughts on a post I made about Bitcoin valuation #474759.
It's a clever way to show the uncertainty and dual nature of Bitcoin's potential.
Intellectually stimulating, useful, and just plain fun to use.
Real-world use, I’m not sure if it could ever truly replicate market conditions.
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Before that, I had only really been thinking about Bitcoin's value from taking over the medium of exchange role. It's really interesting that medium of exchange and store of value are so similarly valued.
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I’ll probably get shot for saying this, but it’s already a better store of value than it is a medium of exchange.
Now, with development then obviously the inverse could be true. It’s also the outcome I prefer.
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Is that not the normal view? It's definitely right.
I didn't realize that I wasn't accounting for it, because I wasn't making the connection that so many assets have a huge monetary premium as a result of fiat being such a bad store of value.
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You are probably right, I was victimizing myself XD
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Ha, you should probably leave that to others. They're usually more than happy to pile on.
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