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by jariel 1890 days ago
"Anything can be valued at anything" is not an argument.

It's just some weird rhetoric you're using to somehow show a parallel between BTC and Stocks.

The material issue here is that stocks can be rationally valued by determining the underlying value of the implied asset ownership - and mostly are - whereas BTC cannot.

That someone can pay $1 Trillion for a pair of shoes, a BTC, or an Amazon shares is not relevant.