2024-12-24T16:38:00+0800

Can we calculate an intrinsic value for Bitcoin? In this video, we explore whether Bitcoin has real value or if it’s driven purely by speculation. Bitcoin remains a controversial topic, with skeptics like Warren Buffett dismissing it as “rat poison squared,” while supporters see it as revolutionary technology and the future of money. Using Metcalfe’s Law—a mathematical model for valuing networks—we examine how Bitcoin’s price may relate to its growing user base. Does Bitcoin’s intrinsic value come from its decentralized network, user adoption, and utility as digital gold? Or is it speculation, volatility, and hype fueling its price? We also introduce Zipf’s Law as a refinement to Metcalfe’s theory, showing how diminishing returns may affect Bitcoin’s value as its network grows. Whether you’re a believer or a skeptic, this video breaks down the math and debate behind Bitcoin’s price, volatility, and intrinsic value. DISCLAIMER: This video does not represent financial advice, and I am not a financial advisor. The content is intended for educational and entertainment purposes only. The views expressed are based on my personal opinions and experience and should not be taken as specific guidance. Investing involves risk, including the loss of principal. Always consult with a licensed financial advisor or conduct your own research before making investment decisions. BITCOIN price data: https://coinmarketcap.com/ BITCOIN lifetime price chart - Wikipedia Einstein video image by Krimhild (Pixabay) Bitcoin Miner Image by Victorumeche (Pixabay) Image by Michael Schwarzenberger from Pixabay Cat image by Hc Digital (Pexels) Video of people using smart phone - cottonbro studio (pexels) Photo of VHS player - cottonbro studio (pexels)