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Comment by bendtheblock

Flowers are used for decoration, dies, teas, scents. Sometimes they may be overvalued.

Crypto doesn't have any underlying value. It's just greater fool investing, there is no underlying cashflow, asset or company. Future cash flow comes from greater fools buying in.

When you say "the internet" I think you mean the wave of web1 companies? Same as flowers above, there are real uses and value creation, which can be priced in many ways.

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