Are Bitcoins truly comparable to commodities?
Is it sustainable to use the value derived for Bitcoin-related companies and compared it with a company producing energy drinks for investing decision making?
Some long time experts have put out that it is not a productive asset or having any intrinsic value.
To me, valuation is an ('expert') opinion underpinned by a conducive analysis.
The crypto world comprises numerous categories, sub-categories or the terms - eg. meme coins, alt-coins, stablecoin, other digital tokens, and of course the granddaddy - BTC - sheer enough to say it stands above all regardless what term it belongs to.
Not driven just by hype, regulations or the fact that it is so awesome - its birth started way back to the 9-page white paper by Satoshi Nakamoto.
I'm not an expert in this arena, just happen to look up on the crypto world more often only just in the last 3 months - yes, I'm that slow.
Certainly crypto itself is not a productive asset and has no intrinsic value based on over a decade of training in finance and real estate valuation. Talking about blind spots in life..wellz.
Be that as it may.
Something that I witnessed (and probably many others) in an Instagram post changed my view or essentially confirmed that it is categorically true that - cryptocurrency or rather Bitcoin has intrinsic value derived from tangibility - from a real estate finance/real-world point of view.
Here is the said 'living' proof.
'Nicely arranged' and hits a spot (critical mass) 😏
