FALSE ASSUMPTION: 🚫 Asset (stock/share) price has an underlying intrinsic value and markets are efficient → ✅ FACT / Our Hypothesis = Crypto-assets have no intrinsic value and e.g. 1% of BTC addresses hold 90% of supply

FALSE ASSUMPTION: 🚫 Asset (stock/share) price has an underlying intrinsic value and markets are efficient → ✅ FACT / Our Hypothesis = Crypto-assets have no intrinsic value and e.g. 1% of BTC addresses hold 90% of supply

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Hypothesis H10039

False assumption:

🚫 Stock (share) price has an underlying intrinsic value

Our hypothesis:

✓ Crypto-assets have no intrinsic value and 1% of BTC addresses hold 90% of supply