Veteran investor reveals shocking similarity between Bitcoin and SpaceX

SpaceX and Bitcoin are fundamentally the same: speculative bets with zero intrinsic value. Neither can be measured by traditional financial metrics, meaning they have no real valuation and it's impossible for them to be "overvalued." Every price point is just a complete guess based on blind faith in the future rather than reality. If there are no fundamentals to lean on, are we just trading on vibes? Or is "belief" a legitimate financial metric? What’s your take?
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