According to a recent report by JPMorgan, Bitcoin’s intrinsic value can be defined using the concept of cost of production. The cost of production in the case of Bitcoin is the mining cost. If that analogy is used for gold, the cost of production of gold is above $1000 per ounce. Since mining is a
According to a recent report by JPMorgan, Bitcoin’s intrinsic value can be defined using the concept of cost of production. The cost of production in the case of Bitcoin is the mining cost. If that analogy is used for gold, the cost of production of gold is above $1000 per ounce. Since mining is a