an asset is fundamentally worthless unless people believe in it why does tesla command 100x earnings while legacy auto struggles at 2x? it’s not superior fundamentals, it’s the elon narrative if apple's ceo died tomorrow, the stock would collapse even while revenue remained unchanged. it's the narrative shift, not the business reality that determines its value at the end of the day, we're all investing in narratives and prices are the metrics we use to value them markets are essentially where narratives are bought and sold and blockchain gives us the technology to price increasingly abstract concepts like ideas, trends, or beliefs the future enables pricing everything - from prediction markets to cultural movements - and if you onboard enough people, you have the most accurate financial meter for determining what a narrative is worth