How Bitcoin Investors Lied to Themselves to Justify Prices

The video discusses the concept of cash earnings used during the dot-com bubble to justify high valuations, drawing parallels to Bitcoin's valuation challenges. It highlights the difficulty in finding intrinsic value in Bitcoin, similar to past market bubbles. The discussion extends to current market volatility, emphasizing the noise and confusion it creates. The video concludes by identifying blockchain technology as having intrinsic value, unlike Bitcoin, due to its practical applications.

What does the speaker suggest about the difficulty of finding value in volatile markets?

According to the text, where does the speaker believe the intrinsic value lies in the context of cryptocurrency?