Luke Broyles on Nostr: If number of #Bitcoin users triple, the network could become 10x more valuable ...
If number of #Bitcoin users triple, the network could become 10x more valuable because of network effects.
If adopters increases 10x perhaps it becomes 500x more valuable.
#Bitcoin could have 2% adoption and be trading at $3,000,000 in 2023 dollars.
Metcalfe’s Law is brutal.
Published at
2023-03-15 03:33:25Event JSON
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"content": "If number of #Bitcoin users triple, the network could become 10x more valuable because of network effects.\n\nIf adopters increases 10x perhaps it becomes 500x more valuable.\n\n#Bitcoin could have 2% adoption and be trading at $3,000,000 in 2023 dollars.\n\nMetcalfe’s Law is brutal.",
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