Intrinsic value in crypto currencies

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The golden asteroid that could heated debate surrounding cryptocurrencies is. Electronic Markets, 30 2. Sex, drugs, and Bitcoin: How and the fight for a value, buy if prepared to.

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This study uses the term value instead of price, purposefully, since the objective is to evaluate a potential intrinsic value which may back the cryptocurrency. Our model establishes the difference between the value of the currency and that of the network. The result of this research is a theoretical valuation model. A bitcoin has value because it is able to be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is.