Bitcoin Adoption Continues to Grow (Patreon)
Published:
2023-05-26 00:13:38
Imported:
2023-05
Content
Why am I so focused on Bitcoin Adoption or Adoption in General?
Metcalfe's Law states that the value of a network is proportional to the square of the number of its users. In the context of Bitcoin, this means that as the user base grows, the value of the network (and as a result the price of Bitcoin) increases exponentially. The more participants using Bitcoin, the more opportunities for transactions, liquidity, and network effects to occur.
This chart is a thing of beauty.
Thanks to Sanjay for sharing