Bitcoin is a scarce asset with little to no execution risk. A tuna fleet is a business subject to the whims of the market with execution risk.
Since equities have been the primary investment medium fir years, people think of Bitcoin like a stock — it even has a ticker.
But it is a genuinely new thing. Like gold it is a scarce asset. Unlike gold its scarcity is deterministic, and it can be transacted over the internet.
Since equities have been the primary investment medium fir years, people think of Bitcoin like a stock — it even has a ticker.
But it is a genuinely new thing. Like gold it is a scarce asset. Unlike gold its scarcity is deterministic, and it can be transacted over the internet.