A Practical Look At Bitcoin Micro-Fundamentals
10 min readJul 16, 2021
Or Where Bitcoin Fundamentalist’s Tend To Err
First, allow me to distinguish between what I consider to be bitcoin macro-fundamentals and bitcoin micro-fundamentals.
Bitcoin Macro-Fundamentals
The case for bitcoin does not come from bitcoin at all! As with all things, bitcoin has no intrinsic value. It has only imputed value.