"Value is a strange concept because while it is arguably very real, it is entirely subjective, and because of this there is no yardstick...
"Simple “bubbles” don’t survive through several 70%+ drawdowns over a period lasting thirteen years and counting; it looks more like Metcalfe’s law of network...
"Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more likely than...