Saifedean Ammous
· 5w
Value is not a physical thing
To all the people who think bitcoin can’t have value because it’s not tangible...
Tangible assets constitute the following percentage of the Mag7 market caps:
Nvid...
That a very long winded way to say that value is subjective.
ALL VALUE IS SUBJECTIVE
There is no such thing as intrinsic value.
Value is 100% a subjective judgement that can change at any time.