NYU's 'Dean of Valuations' Says Bitcoin Is a Currency, Not an Asset
https://www.coindesk.com/nyus-dean-of-valuations-says-bitcoin-is-a-currency-not-an-asset/Ive watched Aswath many times on CNBC over several years. Ive used his spreadsheets to value companies and stocks. He seems to be the go-to guy to value specific companies on CNBC.
I agree that you cannot value Bitcoin, but only price it and trade it. However, I disagree with him that its not an asset. I think Bitcoin can be both a currency and asset. In fact, it is more of an asset than currency right now. I disagree with him that an asset has to generate cash flow. Gold does not generate cash flow.
What does the community think? Is Bitcoin an asset, currency or both?