Does this make sense to you?
The electric car maker Tesla, is now worth more than the entire bitcoin network, a network which settles billions of dollars in transactions every single day.
A network that has never been hacked.
A network that has never had down time.
A network that has lived in the wild for more than a decade without interruption.
(Source: https://www.cnbc.com/quotes/?symbol=TSLA)
In what world do these valuations make sense?
Either Tesla is overvalued or Bitcoin is undervalued, perhaps both.