Plenty about on the BTC bubble (or not), but here is a piece worth checking out on valuation
Its on Bloomberg, so ungated: What's the Value of Bitcoin? Who Knows
I liked this bit especially:
- in 2010, programmer Laszlo Hanyecz exchanged 10,000 bitcoins for two Papa John's pizzas. With the chain's current limited-time offer of any large or pan pizza for $10, that many bitcoins would now buy more than 16 million large Papa John's pizzas. In currency terms, this is staggering, economically crippling deflation.
Yowza ....
