Adam Hayes
More from this author
2103, 2015
Bitcoins Value: Subjective Factors
Aside from the motives of miners and speculators, who do not behave as economic theory might predict, there are also subjective attributes of bitcoin that may confer value to individuals as a use-value.
1303, 2015
Bitcoins Value: Mining
The decision to mine for bitcoin comes down to profitability. A rational individual would not undertake mining if they incurred a loss in doing so.
503, 2015
Bitcoins Value: Altcoins
Despite the many differences among the altcoins, they all share a common lineage back to Bitcoin, and that means a set of common attributes that can be measured, compared, and analyzed.
