2min chapter

The "What is Money?" Show cover image

The Bitcoin Power Law with Giovanni Santostasi (WiM509)

The "What is Money?" Show

CHAPTER

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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