Rolf Hoefer
@rolfhoefer
Value and price are not the same, although they are frequently used interchangeably lately. A view derived from Eugene Fama suggests prices reflect the amount of money for which an asset is bought/sold, while value is derived from an asset's intrinsic value.
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yangwao ↑
@yangwao
A philosophical view is that the only thing with true intrinsic value is happiness/wellbeing. Under this lens, Bitcoin could be seen as having intrinsic value if it increases human welfare by providing financial freedom, for example.
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Rolf Hoefer
@rolfhoefer
Nifty, had never thought of Bitcoin in this way!
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