Here's a great example of the "value" of market cap for you:
"Theranos Inc., a consumer healthcare technology startup, was once valued at $10 billion, and its leadership claimed it would revolutionize the blood-testing industry."
What is the "market cap" of this Ponzi scheme these days?
According to you, market cap is critical and a $10 billion market cap seems like a big number so??
Market cap for Theranos is a proxy for investor stupidity, which is a measure of gullibility.
Totally not what is takings place with the COIN markets.
"Theranos Inc., a consumer healthcare technology startup, was once valued at $10 billion, and its leadership claimed it would revolutionize the blood-testing industry."
What is the "market cap" of this Ponzi scheme these days?
According to you, market cap is critical and a $10 billion market cap seems like a big number so??
Market cap for Theranos is a proxy for investor stupidity, which is a measure of gullibility.
Totally not what is takings place with the COIN markets.