Quick, give me the net present value of bitcoin assuming zero cashflows in the future and a discount rate of 25%.
I think would get a zero for the answer to that. However, that assume that the way to value a btc is similar to a stock.
What is the NPV of a dollar? You dont calculate that based on cashflow, but rather interest and inflation rates.
No the dollar is calculated more on supply, velocity and a few other things. Inflation snd interest don't affect value as much as depreciation and economic greothxc
But yeah, bitcoin is not a real asset so it was a trick wuesion but wallstreet MBA's don't get it they keep trying to value it. That's why they don't take it seriously.
And that's why ixCoin can to to $100 and devcoin to $1 cause It has nothing to do with real fundamental analysis or cashflows. That's why I said this will b bigger snd faster than the dot com bubble once it catches on.