Post
Topic
Board Bitcoin Discussion
Re: True Value of BTC
by
Wiwo
on 29/01/2022, 05:58:17 UTC
Hi,

What is the true value of BTC? If we take aside supply/demand and focus on the amount it costs to produce 1 BTC in terms of mining costs, what is that value and how do we calculate that?

Thanks
No asset will have value if there is no demand and supply, there won't be a need for bitcoin mining activities if the demand and supply are taken away because the will be zero transaction for the miners to confirm which automatically result in zero block reward for the miners so ultimately that can never happen.