You are viewing a single comment's thread from:

RE: Do Cryptocurrency Speculators Fear Utility?

in #discussion7 years ago

To do it right, we need to compare about 20 metrics on about 20 sites. Then we can draw some very general conclusions. I did an entire MBA course on stock evaluation. However that is overkill. If you take the top 30 crypto currencies and add up all their market caps. You get about 130 billion dollars. That would be the equivalent of someone buying every single bitcoin, steemit share, litecoin ect... now if you compare that to the market capitalization of Home Depot (180 billion); Visa (240 billion) or IBM (135 billion). Now you need to ask yourself what is growing faster and how much good can these technologies do to help us in the future. I would say the future benefits of all block chain tech is way more than the future benefits of one company.

Sort:  

That really puts things in perspective. Yes, I'd agree. Blockchain tech > Home Depot.