RE: RE: Bitcoin surpasses Amazon and becomes 5th largest asset by market cap
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RE: Bitcoin surpasses Amazon and becomes 5th largest asset by market cap

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1y

When it comes to revenue, Amazon is much ahead. Even the company's net income is higher than miners annual revenue.

Of course, this doesn't mean that it isn't impressive how much Bitcoin has grown, just means we have to shift attention to other metrics for measuring growth. Right now the asset's revenue to miners is less than 1% of its market cap and it's even more concerning that the majority of this revenue comes from block subsidy.

As an investor, it seems like a good bet, given recent exposure and sentiments, but as an industry, there's concerns.

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