Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
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Dan Romero
@dwr.eth
Hypothetical (unlikely to happen) -- Bitcoin does a 2:1 stock split. There are now 42 million BTC. Everyone 2x their balance. The price is now 50% lower but the market cap stays the same.
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Tayyab - d/acc
@tayyab
The math I’ve always done is: What percentage of this total asset do I own? How much is this total asset worth? Multiply for value held. Yes it’s the same at the end, but those are the important metrics over the long run.
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