The creator of this cryptocurrency is Satoshi Nakamoto who is unknown and can be an individual, group of people or organization.
Bitcoins are born from a gold mining process and through an ICO (Initial Coin Offering), similar to the IPO on the stock exchange.
The uppercase “B” (Bitcoin) refers to the payment network, while the lowercase “b” (bitcoin) refers to digital gold and blockchain is the encrypted digital record that stores securely, verifiably and permanently data.
The valuation of this asset by the Cost Method (mining costs) indicates the reconstruction cost, but does not consider the market demand.
The Discounted Cash Flow Method is not applicable because cryptocurrencies do not generate income.
The Market Approach Method best represents market value, but with some restrictions, because there are very large variations in value and quantity in trades, little historical data and no other comparisons.
The average market value should be calculated by dividing the financial volume by the volume of transactions over a given period.