Subnostr

Lol. I'm not sure if we're specifically referring to monetary systems or networks anymore, but this applies to both: a network of any kind that has wide reach gains usability and influence but not necessarily value.

Habanero 2y ago

The wide usability is the value... if that value becomes monetary is based on it's scarcity. English has tremendous value due to it's network effects, but zero monetary value because it lacks scarcity

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Discussion

captain ☦️ 2y ago

What happens to the value if the usability were to be cut in half?

Habanero 2y ago

Here is a handy graph

Gary ₿usey 2y ago

In terms of monetary value, the asset would begin to lose value more quickly than usual. In terms of usability, less would be utilizing it.

Habanero 2y ago

Exponentially