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?

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Lululuna's avatar
Lululuna 7 months ago
I love this as a starting point though I wrote out how I see it in a simplistic way. WDYT? I feel the Free Market recognises the CONSUMER in a unique way- non spending in the credit /theft system as a first step of development. A unique flex!