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RE: Hulu - Another Of Wall Street's Overvalued, Worthless Money-Bonfires (See: Netflix, Tesla)
Why?
Most cryptos are worse than fiat, and those that are better than fiat will either pay no dividends in the future, or pay but have a higher inflation rate than fiat and Tesla shares.
"most cryptos are worse than fiat" - please explain/back this up with your reasoning, I am curious
I was mostly joking when I compared a crypto to a stock but they are completely different. It is easier to value a stock than a crypto in my opinion and when we look at the earnings of Tesla I just find it to be extremely overvalued . People are just paying for the hype behind Elon Musk, nothing against him. Saying a crypto could inflate more than a fiat currency is just untrue and is one of the many reasons people are buying cryptos, because most of them will not inflate in value ever unlike fiat currencies that are inflated on purpose to drive economic growth.
ETH, IOS and BTS may just have a higher inflation rate than USD.
Consider ETH's inflation rate is near an annual 15%.
Cryptocurrencies and Stocks are more similar than you think.
Less than a dozen of the cryptocurrencies are inflation proof as you think, and even some of them may still be at a high creation rate.
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