<oembed><type>rich</type><version>1.0</version><title>Rusty Russell wrote</title><author_name>Rusty Russell (npub179…elz4s)</author_name><author_url>https://yabu.me/npub179e9tp4yqtqx4myp35283fz64gxuzmr6n3yxnktux5pnd5t03eps0elz4s</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>I hate price talk, but if you&#39;re going to do it, please understand that &#34;market cap&#34; is a very rough *ceiling* on current value. &#xA;&#xA;It&#39;s neither the amount of money which has gone in, nor the amount of money which can come out.&#xA;&#xA;So the order of magnitude is useful to compare against other assets. But abusing it in terms of profits and losses is a category error, and I assume done mainly because it&#39;s so easy to measure.&#xA;&#xA;Grump over. </html></oembed>