How much should one bitcoin be worth in US Dollars? What is its fair value?
Answer me this one question and I'll admit that you're right and that crypto is the future of investing. Otherwise, you're all fucking stupid cunts who bought into a Ponzi scheme.
If it becomes the standard unit of currency, 10 million dollars each.
And why would it become a standard unit of currency? Doesn't it make tax evasion harder? Why then would the government declare it legal tender.
*easier
How much should one tonne of grain be worth in deer meat? What is its fair value?
Answer me this one question and I'll admit that you're right and that farming is the future of sustenance. Otherwise, you're all fucking stupid cunts who bought into an agrarian scam.
No, you were exactly right the first time. It makes it harder. It's a globalist's wet dream.
190,000 - 260,000
quality post
One metric tonne of grain is worth about 1.899 kg of venison at current market prices. However judging by the fact that the secular trend we're observing of meat prices increasing relative to grain prices due to meat prices due to very strong demand in developing countries, and particularly due the popularity of paleo diets in the West atm, I would short this trade until it reaches about 1.3-1.4. i.e. fair value is about 1.4 kg of venison per tonne of grain.
Now do that with any cryptocurrency you fucking moronic cunt.
And how do you justify your opinion that bitcoin is significantly undervalued?