Faitr? Depends, one has to define and price its utility.
Let us assume its function is for central bank insiders to hedge the central bank, the insider puts the local fiat into bitcoin when they know the central banker is going somewhere.
We have six major central banks. On average, the neutral hedge is 20 billion per central bank. We have 1,000 insiders per central , then we see that each protects 20 million.
These numbers are bogus, but within ball park of a potential reality. What is the imputed market share of Amazon's AWS web service? Maybe 20 billion. Add in the Apple and Microsoft web services then we have a similar number as bitcoin; as a complexity comparison.
If Bitcoin price is stuck at $7500, I would not be surprised. Nor would I be surprised if it halved in value. Much below that, it is underpriced.
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