I had a very long debate with somebody at the conference about this. I explained that it takes 1 million USD a day to support mining. I had long ago figured out the numbers in the article, though mine were just rough guesstimates working backwards instead of forwards (same conclusion though).
In the long run, Bitcoin has a huge problem. The miners are being subsidized $1,000,000 a day from us, but they actually are only paid $4000 a day in transaction fees by people sending Bitcoins. That means that $1,000,000 worth of new money must come into the system everyday, and the price just stays the same.
But for us, if $1,000,000 comes in, then it is reflected proportionately in the price of NEM and the marketcap goes up $1,000,000.