MI Rewind: Bitcoin, Long-Term Debt Cycles, & On-Chain Analysis w/ Dylan LeClair
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Bitcoin's Volatility in the Asset Class
The worst thing to do is put yourself in a position to become a foreseller of this thing. It's really tough to buy into something that's already gone absolutely vertical. As the asset class matures, we'll see more of it, but it makes total sense as the cost of capital in these markets. The average production cost for publicly traded miners is like plus or minus 10,000 Bitcoin per day.
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