How To Value an Idea Called ‘Bitcoin’?
Inside the Debate on Cryptocurrency Pricing & Asset Bubbles
At the end of this article, you will have some handy frameworks to begin to understand the value and price of Cryptocurrencies. This article is for educational purposes only and should be construed as investment advice or anything else.
“As the value goes up, heads start to swivel and skeptics begin to soften. Starting a new currency is easy, anyone can do it. The trick is getting people to accept it, because it is their use that gives the “money” value.” — Adam B. Levine
A Wet World Backdrop
(A wet world, in this article refers to the physical world while a dry world is the digital world. These terms are commonly used in the tech community)
Today, in one of the largest Merger & Acquisition deal that corporate America has witnessed in a long time, Amazon announced its acquisition of the grocery chain called ‘Whole Foods’ for $13.7 billion which puts the price paid per share of Whole Foods at $42 a share which…
