any non-utility token too?
btc has utility as a store of value. I would never own Doge. So I'm not sure I see the relevance.
BTC is not really a store of value unless the market majority perceives it as such, which it is evident that it's actually seen as more of a risk asset
I disagree, but it's not really a conversation I care to have because I don't care all that much. Haha 🙂
Yeah honestly after asking the discord, we all agreed that the argument for paying 3X over the treasury value to buy BTRFLY and stake it because they would have to believe the team and DAO is talented and willl develop further utility for BTRFLY and the holders. In other words, it's mostly fluff
Absolutely correct
I like the idea, but the valuation is stretched unless I'm missing something, which I may be!
Yup and that just comes down to risk profile and preference ☺️
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