$MicroStrategy(MSTR.US)很多人的一个误解：BTC 是历史上涨幅最大的资产。如果是这样，财富排行的前几位都应该是币圈的了。这个错觉是因为 BTC 从创业和天使轮就可以公开买卖了，而企业的股票在 IPO 之后才可以，大众才能追述历史的价格。换言之，如果对比苹果微软特斯拉创业时的启动资本和现在的市值，可能翻了 1 亿倍。当前 BTC 应该算是 IPO 了，未来的涨幅不能再和天使轮、风投和 PE 轮涨幅相比了，更会回归于价值估值。
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