The madman says... Is 560 billion USD for Ethereum expensive?
Musk has Tesla electric cars, has X, has SpaceX, has solar energy, has energy storage, has autonomous driving, has humanoid robots, has AI, with a net worth of 400 billion, and Tesla's market value is only 1 trillion.
What does Ethereum with a market value of 560 billion USD have? It has staking rewards, decentralized finance (basic level), infrastructure (L1, L2), and a promising future imagination space.
Companies with a market value similar to Ethereum include Tencent (700 billion), VISA (680 billion), MasterCard (540 billion), Netflix (510 billion), and silver (340 billion).
If Ethereum rises to 10,000 USD according to the passionate script, it will surpass Tesla, Berkshire, and JP Morgan, entering the top 10 global assets. I think reaching this height would at least show a prototype of changing the world for it to have a chance. Capital is not foolish, and Wall Street can use various hedging tools to invisibly offload. Many data are just what others show you; don’t let your imagination run too wild. If it gives another opportunity above 5,000, it’s time to gradually pull back.
Is 2.2 trillion for Bitcoin expensive?
Bitcoin is currently ranked 7th among global assets, and it is exactly 10 times away from gold. The market values of Amazon, Apple, and Microsoft are not too far ahead, and reaching 200,000 would basically catch up with them.
Compared to Bitcoin, the biggest difference with Ethereum is that it has already reached a global consensus. In the future, digital currency will become an inevitable trend. Cash, whether due to inflation or the inconvenience of carrying and paying, has significant drawbacks. Gold was born to solve the problem of inflation, and in the digital world, Bitcoin happens to solve this problem. The trend towards digitalization will not change, so Bitcoin as a new generation of digital gold is timely. Therefore, for Bitcoin, it is almost unquestionable that its market value will catch up with gold in the future. However, I believe it will take at least 10 to 15 years to bridge this 10-fold gap because the cycle for cash to become digital will likely take that long.
So to sum up, Bitcoin is more suitable for long-term investment as a hedge against inflation and a digitalization trend investment. The annual return rate will not be too bad, probably around 15% to 20%, so in 10 to 15 years, a 10-fold return can be achieved. It is a true cross-cycle investment, and every flash crash should be cherished. Compared to Ethereum, Bitcoin's certainty is much stronger.
Disclaimer: The article only represents the author's personal views and does not represent the views and positions of Block客. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Block客 will not bear any responsibility for any direct or indirect losses resulting from investors' trades.
"[The Madman Says Trend] Ethereum's market value is 560 billion USD, Bitcoin's market value is 2.2 trillion USD, is it expensive?" This article was first published on (Block客).
