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> But Ben, US equities have intrinsic value unlike this BTC garbage! Well unless they pay no dividend, have dual-class share structure, and IPO without a profitable quarter.

Should the company's assets be liquidated, shareholders are entitled to that value after creditors.

If BTC tanks, there is little value to extract from liquidation.



How much of a bath would you take on one share's portion of the assets? Oh, and how many of those assets are tangible?


It's still something, it has a price and value. Crypto assets have only a price.




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