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A comment on As an investor, why is crypto so hard to value?. Parent comment

Re:As an investor, why is crypto so hard to value? by hiq on Sunday December 12, 2021 @01:00PM (#29531860)
> The simple answer is that if a stock is expected to never pay any dividends, it's intrinsic value is zero.

Which is obviously wrong, right? Any company that has liquid assets (and no debt) is at least worth the selling value of these assets, even if it doesn't pay dividends. So I'm not sure your model helps here.

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Re:As an investor, why is crypto so hard to value? by csmiller on Sunday December 12, 2021 @04:00PM (#29533555)
I think in that case you would expect the company to return value to shareholders when liquidating it’s assets.
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Re:As an investor, why is crypto so hard to value? by hiq on Monday December 13, 2021 @03:34PM (#29544265)
Exactly, so it doesn't have a value of 0 for these shareholders.
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