Blinka Retailers accepted $50,000 of Citibank Visa credit card charges for merchandise sold on July 1. Citibank charges 4% for its credit card use. The entry to record this transaction by Blinka Retailers will include a credit to Sales Revenue of $50...
The earnings generated and potential to pay a dividend (or interest). This is the traditional investment valuation framework. Revenues, P/E multiples, earnings growth rates, etc. are the guides. What has bitcoin done that justifies a valuation greater than Boeing, with its 140,000 employees, o...