Dow gold versus Bitcoin gold: a hedge against monetary inflation?
Written by Charlie Morris, Chief Investment Officer, at ByteTree
Back in 2015, I wrote a few notes on valuing Bitcoin based on the value of the network. It was a simple idea - Bitcoin was a digital monetary network, designed to transfer value securely and without a bank. My thesis was the more value the Bitcoin network transferred, the more valuable it would become. At the time, Bitcoin was trading at $320, and my fa…
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