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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Replies (3)
21M scarcityvs an abundant world, trying to fight for retaining my life energy for my family....
thanks!!
Looking this up now! Thanks J
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!