If as @`Jeff Booth`points out, "it is impossible to measure the new system from the rules of the old" - why do so many Bitcoiners fixate on the dollar price?
Isn't hash-rate or hash-price the better valuation of Bitcoin?
Measuring in USD is like measuring a planet collision with a garden thermometer.
Yes.
i think number of nodes on the p2p network is the most important metric, each one of them ties to a definite amount of resources to host the data.
second is the hashrate, which can be imputed from the difficulty target.
third would be the fill rate of blocks and the total number of sats moved in each block.
