Post
Topic
Board Economics
Re: Bitcoin vs Uber
by
Yakamoto
on 15/06/2018, 20:27:40 UTC
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh
I'm more curious as to how they define the value of Uber. If it's based on the assets that are provided for the service then I personally think that's a bad measure since those kinds of "assets" aren't even really owned by the company. Now if it's based on revenue over a few years, that makes sense since it does have a world-wide market and is in use throughout many cities and locales.

And you're wrong with the cap, Bitcoin is listed at $112B.

What's wrong with the picture though?