📈 [Analysis] Crypto Is Not An Asset Class - Jill Carlson

Cryptocurrencies should not be valued as an asset class, but as asset classes. Increasingly, capital flight to cryptocurrencies as a store of value demands a reexamination of cryptocurrencies definition. Lumping Bitcoin ($BTC) into the same category as other cryptocurrencies, moreover, changes real valuations of Bitcoin and other cryptocurrencies. This lumping is fundamentally unfair and akin to using similar analytical means to evaluate Venezuelan debt, gold, or an IPO's solvency. So, the best way to analyze crypto assets is to separate it from Bitcoin and weigh it by its own purported values.