GM SO!
For me it was the understanding Trace Mayer’s 7 types of network effects that occur in the Bitcoin ecosystem:
- Speculation
- Merchant Adoption
- Consumer Adoption
- Security
- Developer Mindshare
- Financialization
- Adoption as a World Reserve Currency
That the above-listed network effects can only serve to strengthen it making any competition highly unlikely to take over. HBU?
iC1 / Jimmy_iC1
npub1gp…k40g8
2025-04-25 03:00:39
in reply to nevent1q…dlj5
Author Public Key
npub1gpstrhdp9vly68x7rl99awypecktes6nfqak5xqyqf8vt8qc3ueqxk40g8Published at
2025-04-25 03:00:39Event JSON
{
"id": "c03705daa1e5053e6cbb8b00cf3a769c2b2f7cbc9190c7f3ffc97d79cc4304d7",
"pubkey": "4060b1dda12b3e4d1cde1fca5eb881ce2cbcc353483b6a1804024ec59c188f32",
"created_at": 1745550039,
"kind": 1,
"tags": [
[
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],
[
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"a2eddb264bb6368af7bd55fabe864a44250f8e87f4d88e9c075d4b3be2868a80",
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],
"content": "GM SO! \nFor me it was the understanding Trace Mayer’s 7 types of network effects that occur in the Bitcoin ecosystem:\n\n- Speculation\n- Merchant Adoption\n- Consumer Adoption\n- Security\n- Developer Mindshare\n- Financialization\n- Adoption as a World Reserve Currency\n\nThat the above-listed network effects can only serve to strengthen it making any competition highly unlikely to take over. HBU?",
"sig": "e2fe298745767fdea042bcb1d0301c686cc15b3e767a5a2e2f44cf16645061c95e0b5dcc7a60d02158e6414b92292a09457adfa6659cc38b09a25177f7046927"
}