A common lament on Internet forums is how a particular token/blockchain is “undervalued”. What is this this based on? What does it mean? Let me assure you, at this point, no one really knows. The vast majority of the notion is simply emotional responses based on little analysis, technical or otherwise. As I have done […]
Read more "The Question of Valuing Blockchains (How do to *what*?!) #defi #dopefi"Recursion: It’s a Helluva Drug Let’s walk through the progression real quick. The world may never catch up to this, but here’s the state of things. The “blockchain” is a killer app. It is a concept, when implemented in “application” form, that absolutely destroy (“kills”) the technology is meant to update. That “technology” is the […]
Read more "The Killer App of Killer Apps of Killer Apps of Killer Apps"This is a response to this article here…. Headline: Should you buy Coinbase? The valuation is ridiculous, based on this math Response: This math leaves a LOT out of the equation, let’s discuss Let’s get right do it, shall we? Even though Coinbase’s revenue surged over the past 12 months, the company has little to […]
Read more "Coinbase valuation should *start* at $100,000,000,000"