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Bitcoin is undervalued now -- but just look at its projected long-term return

Por: MarketWatch Business October 14, 2023

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Claude Erb, a former commodities portfolio manager at TCW Group, applies Metcalfe’s Law to bitcoin by assuming that each mined coin represents one user in the network. Since the number of bitcoins that can ever be mined is known, along with when that total number will eventually be reached, Erb’s Metcalfe’s Law model is able to calculate the cryptocurrency’s long-term expected return. That’s the source of the projected 1.1% annualized... + full article



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