@JimBowerman1 @polemitis @el33th4xo Important stat -- is there an URL I can get it at?
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@NickSzabo4 It's not exponential though. Shouldn't it be? -
Number of
#Bitcoin addresses used should be quadratic (N^2) in the number of actual users in a vibrant economy.@herzmeisterderw@NickSzabo4 -
@el33th4xor@herzmeisterderw Is this the anti-Metcalfe law? Citation?
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@JimBowerman1
@polemitis@NickSzabo4 that trend sounds like a flatline. the coins are not exchanging hands faster w/ more people. -
economists talk about a "fiscal multipler" we can measure that off the blockchain in
#bitcoin @JimBowerman1@polemitis@NickSzabo4 -
@el33th4xor @JimBowerman1@polemitis@NickSzabo4 not all#btc tx the same, definitely not commerce, see slides 45-50: http://www.slideshare.net/mobile/MrCollectrix/making-lemonade-out-of-lemons-squeezing-utility-from-a-proofofwork-experiment …
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@NTmoney@NickSzabo4 it would be easy to detect if someone was trying to inflate it, but would be likely flag as a DoS to the networkThanks. Twitter will use this to make your timeline better. UndoUndo
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@JimBowerman1
@el33th4xor@NickSzabo4 also, off blockchain tx like in coinbase will distortThanks. Twitter will use this to make your timeline better. UndoUndo
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@JimBowerman1
@NickSzabo4 Graph is mislabeled then. Link to full desc?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@JimBowerman1
@polemitis@NickSzabo4 if the economy is hub&spoke shaped, or offchain, it'll be O(N).Thanks. Twitter will use this to make your timeline better. UndoUndo
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@girevikcap
@NTmoney@NickSzabo4@cdixon seems intuitive, no? higher price = (potentially) higher ROI. The rise after is what's fascinating.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 not per day, total. unless you can take the derivative by eye.Thanks. Twitter will use this to make your timeline better. UndoUndo
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