What is Bitcoin’s fundamental value?
What is Bitcoin’s fundamental value? It’s complicated Calculating fundamental values A fundamental value in traditional financial speak means a value based on what return (or cash flow) is generated by an asset. Think of an apple tree. To an investor, its fundamental value is in the apples it produces. In the case of company shares, the fundamental value is the dividend paid from profits. A standard measure used by investors is the price-to-earnings ratio....