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by thelastgallon 980 days ago
Aswath Damodaran: https://www.businesstoday.in/crypto/token/story/currency-tha...

Bitcoin is the currency that nobody uses and a collectible that doesn't behave like a collectible.

He also questioned its role as a hedge, stating, "It's gone up as stocks have gone up, it goes down when stocks go down. This is not the way a collectible is supposed to behave."