In the fast-paced crypto world, new insights often overshadow traditional views. Recently, analyst Plan B sparked interest by suggesting Bitcoin is undervalued compared to assets like gold and real estate.
Is Bitcoin Really Undervalued?
Plan B, known for his stock-to-flow (S2F) model, argues Bitcoin's market cap and scarcity suggest undervaluation. The gap between Bitcoin ($2 trillion) and gold ($20 trillion) is significant.
Scarcity Showdown: Bitcoin vs. Gold
Using the stock-to-flow principle, Plan B compares scarcity. Bitcoin's ratio is twice that of gold, indicating more rarity. This scarcity implies a potentially higher valuation.
Real Estate and Bitcoin: Valuation Comparison
The global real estate market is worth over $200 trillion, dwarfing other assets. While it serves different purposes, its comparison with Bitcoin highlights Bitcoin's potential for increased value.
Plan B's perspective suggests Bitcoin might be undervalued compared to gold and real estate. Despite challenges, the arguments for its long-term value remain compelling.
