Comment Comment by stephc_int13 This is all very simple in practice, the blockchain is barely useful, crypto coins and NFTs have very low utility.At some point value and utility always converge.A good heuristic to predict the value of something: would you get them if they were free of charge?The only difficult thing is to predict when the convergence occurs.The asymptotic value of Bitcoin is $0. parent stephc_int13 4 years ago
At some point value and utility always converge.
A good heuristic to predict the value of something: would you get them if they were free of charge?
The only difficult thing is to predict when the convergence occurs.
The asymptotic value of Bitcoin is $0.