“Cryptocurrencies do not have real value” – how many times have you heard this? Very often, they are accused of bitocin and other digital currencies that they only serve for speculation. Meanwhile, the relief comes to an unexpected side – from scientists at the University of Miami.
If one of you played on the traditional stock exchange, he knows that the fundamental valuation of the company consists of a mass of factors, such as the dividend rate, the company’s financial condition, analysis of its surroundings or various types of indicators. How, however, translate this into cryptocurrencies?
Cryptocurrencies have value!
Researchers at the University of Miami have analyzed the above problem. Probably for BTC supporters, they did not discover America, but they came to the conclusion that the fundamental value of cryptocurrencies is its computational power spent on creating blockchain and the degree of blockchain adoption in the real world.
Experts analyzed the most popular e-currencies: bitcoin, ether, litecoin, monero and dasha. However, they have discovered something that may interest even more experienced market observers. It turns out that in the long term there is a correlation between the amount of energy allocated for the mining of these crypts and the adoption in the real world.
All you need to do is analyze the following charts:
How do you perceive this thesis?