Producing a single bitcoin now costs $4060 on average, but it is valued at less than $3500, according to an analysis by JPMorgan Chase… However, this will probably cause people to stop mining, making it easier and economically viable again.

Producing a single bitcoin now costs $  4060 on average, but it is valued at less than $  3500, according to an analysis by JPMorgan Chase... However, this will probably cause people to stop mining, making it easier and economically viable again. submitted by /u/Ta-me-Murchu
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Bitcoin – The Currency of the Internet

There are 152 fiat currencies that have failed due to Hyperinflation. Their average lifespan was 24.6 years and the median lifespan is 7 years. 82 of these currencies lasted less than a decade and 15 of them lasted less than 1 year.

There are 152 fiat currencies that have failed due to Hyperinflation. Their average lifespan was 24.6 years and the median lifespan is 7 years. 82 of these currencies lasted less than a decade and 15 of them lasted less than 1 year. <- this is why bitcoin was created! submitted by /u/Crevative
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Bitcoin – The Currency of the Internet