Wealth is not evenly distributed.

Nodes on the network aren’t either.

Metcalfe’s law is a very specific model which people often use as some sort of soundbite when they really just mean network effect.

In reality Bitcoin does not even have the concept of a “users”. There are addresses, UTXO and associated capital.

It’s all pseudonymous therefore attempts to model adoption is a bit of a fool’s errand

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I’ve hammered this point for years but the idea somehow persists for whatever reason.

Saylor is one of the only high profile people to have acknowledged this afaik

Appreciate the thought behind this response Alex. It reveals some blind spots that I’ll have to research further 🤙🏻