Day Trader’s Weekend Aftermarket Lounge 29-31 May 2020, page-255

  1. 7,518 Posts.
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    I think Roger Montgomery summed it up well last year.

    “If you believe that Bitcoin has a meaningful chance of becoming an alternative store of value to gold, then you can arrive at some very lofty valuations based on the aggregate value ascribed to the world’s gold (which, like Bitcoin, generates no income, but is valuable just because it is). However, in the event that it fails to achieve this status, the right valuation may not be unadjacent to zero.“
 
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