Creating Intrinsic Value in Cryptocurrencies
nnnnnnnnnThe investment banker Jamie Dimon caused a stir when he declarednrecently that Bitcoin will collapse because it is worth nothing.nBitcoins current market value, he claimed, is driven almost entirely by speculation,nrather than by any real and present intrinsic value that Bitcoin actuallynprovides.Casting aside the debate over whether Bitcoinnhas intrinsic value or not, it seems fair to say that Dimon doesnt know thencryptocurrency market well. If he did, he might have noted that Bitc