I don't think (in my lifetime) I've heard anyone discuss buying or selling a stock in the context of a Dividend Discount Model.

This observation isn't really in support of Bitcoin, it's more of a depressing thought that our stock markets are closer to a Keynesian beauty contest. (GME, AMC, etc).

I don't personally own stocks or real estate for cash flow purposes. I own them with the expectation that I can sell them for more money down the line.