Quote:
Originally Posted by MorTech
What is the rate of return over 5 years? 10 years? Bitcoin was under one dollar about 10 years ago...Apple (Talking about a cult) was at about a buck in 2003. Of course it is going to fluctuate wildly against fiat currency. Like all assets since October 1987 when Greenspan implemented his institutional corruption program...Put in overdrive by the Clinton, Rubin, Greenspan trio  |
Last time I checked, Apple was a company, not a cult. Unlike Bitcoin, they actually publish audited financial statements, produce good and services that are in strong consumer demand, they have assets, equity, employ people, and produce lots of cash flow. Those are all things that can be quantified, projected into the future, and discounted to arrive at real value.
And this post was sent from my iPad and will be read by lots of people using Apple products.