Yes, $3.7 billion is less than some things are worth, but it is more than most things are worth.
The valuation of Uber means people believe Uber has future growth potential. Similarly, the high valuation of BitCoin companies means people believe BitCoin has future growth potential. Rightly or wrongly, I guess the future will tell in both cases. Obviously I think rightly.
That's about 1/14th of an Uber. It's literally nothing on a global scale.
The value of all "bitcoin companies" is larger than the value of all bitcoins themselves.
there are very few economic and political problems that the blockchain can say nothing about.
That's just crazy talk.