Re:U.S. Secret Service Launches Cryptocurrency Awareness Hub
by nightski on Wednesday February 23, 2022 @11:54AM
(#30443155)
You would be correct if the only thing that drove the price of a stock was current cash flows.
What you are leaving out is growth. Stock prices include expected growth of future profits which by no means is a science.
Not to mention all kinds of other things can affect a stock price such as global macroeconomic conditions, interest rates, etc...
Cryptocurrencies represent nothing but transactions and the ledger of those transactions (which they are exceedingly wasteful and clumsy at achieving).