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2023-03-30 16:47:31

deliverator on Nostr: Thought exercise: Estimate the average cost to mine 1 bitcoin in epoch 6. Why do ...

Thought exercise: Estimate the average cost to mine 1 bitcoin in epoch 6.

Why do stocks trade at multiples of their p/e, but #bitcoin doesn’t trade anywhere near its future production cost?
Author Public Key
npub1u6aa85yjff22zstxgtvfgk8t490st50svxm56mlpkv844x8dduuqpr942r