A quantitative analyst from one of the world's largest asset management firms recently sparked debate by characterizing Bitcoin as lacking the fundamental financial characteristics required for serious long-term investment—drawing a colorful comparison that quickly circulated through trading communities. The critique centers on BTC's purported absence of cash flows, intrinsic valuation metrics, and traditional investment fundamentals. The commentary highlights the ongoing tension between institutional finance perspectives and the crypto market's narrative. While such critiques emerge periodically from traditional finance voices, the cryptocurrency community has countered with arguments about Bitcoin's scarcity model, network effects, and emerging role as a store of value. The remarks underscore the persistent debate about whether digital assets can bridge the gap between speculative trading instruments and institutional-grade investments.
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SundayDegen
· 8h ago
Here we go again, that old-fashioned traditional finance logic... cash flow, valuation models, how come they just can't understand scarcity?
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DaoDeveloper
· 13h ago
lol yet another quant from traditional finance discovering bitcoin doesn't fit into their DCF models... like yeah, that's kinda the point? the game theory is the cashflow tbh
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PuzzledScholar
· 12-13 09:50
Coming back with this set again? The traditional finance valuation models just don't fit BTC. If you insist on using cash flow models, how do you value gold?
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ThesisInvestor
· 12-13 09:32
Is this again? The traditional financial valuation methods are supposed to apply to all assets? Wake up, Bitcoin is a new game with new rules.
A quantitative analyst from one of the world's largest asset management firms recently sparked debate by characterizing Bitcoin as lacking the fundamental financial characteristics required for serious long-term investment—drawing a colorful comparison that quickly circulated through trading communities. The critique centers on BTC's purported absence of cash flows, intrinsic valuation metrics, and traditional investment fundamentals. The commentary highlights the ongoing tension between institutional finance perspectives and the crypto market's narrative. While such critiques emerge periodically from traditional finance voices, the cryptocurrency community has countered with arguments about Bitcoin's scarcity model, network effects, and emerging role as a store of value. The remarks underscore the persistent debate about whether digital assets can bridge the gap between speculative trading instruments and institutional-grade investments.