@kermankohli That view is too simplistic: Bitcoin fails that check for example (though it’s value is hardly in fees).
It’s probably better to look at supply in 2-4 years after you lock and do pe based on that. Or maybe there is some other good methodology
@kermankohli 这种观点过于简单：例如，比特币未能通过该检查（尽管它的价值几乎不在于费用）。
在锁定并基于此进行 pe 后，最好在 2-4 年内查看供应。或者也许还有其他一些好的方法