Think Bitcoin Is Too Expensive? Here's Why It's Still a Buy

Think Bitcoin (CRYPTO: BTC) is too expensive after the latest run? Think again. There's one simple metric that proves BTC can still be a buy.In the early days of crypto, Bitcoin was often dubbed "digital gold." This nickname allowed investors new to the crypto space to understand what kind of asset Bitcoin represented. While Bitcoin has developed greater utility over time, arguably its biggest source of value remains its status as digital gold. That is, there is only so much gold or Bitcoin that can ever be mined, and society has agreed that it is a scarce asset that generates value simply by being itself.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool