X @Nick Szabo

RT Saifedean Ammous (@saifedean)Value is not a physical thingTo all the people who think bitcoin can’t have value because it’s not tangible...Tangible assets constitute the following percentage of the Mag7 market caps:Nvidia: 0.66%Apple: 1.38%Tesla: 4.06%Microsoft: 7.29%Alphabet: 8.39%Meta: 9.56%Amazon: 16.28%Combined weighted average: 5.79%If you liquidated all of these companies’ physical assets, they wouldn’t amount to 6% of their valuation. There have been days in which the market caps of these companie ...