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When Bitcoin Collapses, It Doesn’t Get Cheap. Or, is it a New Store of Value? Place Your Bets!

Tags: , , , Date/Time: May 19, 2022 @ 12:16 pm, by raindog308

There was a provocative headline on SeekingAlpha (a popular investing website) today: When Bitcoin Collapses, it Doesn’t Get Cheap.  The author is referring to Bitcoin but his arguments apply to all cryptocurrency. His main point is that stock equities have an underlying economic value: the earnings of the company.  In theory, when you buy a […]