The Bitcoin Price Equivalence Shows What “Cheap” Cryptocurrencies Are Really Worth

The Bitcoin Price Equivalence Shows What “Cheap” Cryptocurrencies Are Really WorthThere’s been a lot of talk lately about market capitalization and circulating supply. As sub-$1 altcoins have shot up in price, some new investors have been making noises about their anointed coin being worth more than bitcoin one day. What these new entrants fail to take into account is digital scarcity: the notion that assets […]

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