
The Bitcoin Power Law with Giovanni Santostasi (WiM509)
The "What is Money?" Show
00:00
Understanding Bitcoin's Market Dynamics: Production Costs and Price Interactions
This chapter explores the economic principles that shape Bitcoin's market dynamics, focusing on production costs as a key support for its value. It examines how market forces react when prices dip below production costs and analyzes the interaction between ash rate and price across different market conditions.
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