Replying to Avatar Cyph3rp9nk

A curious fact

"According to Metcalfe's Law, the value of a network is related to the square of the number of connected users. Considering an estimated one million active users per day on the Bitcoin network, the application of this principle suggests a theoretical network value of 1,000,000,000,000,000,000.

Taking into account the total amount of Bitcoin that could exist, which is 21 million, we could estimate the theoretical value of each Bitcoin by dividing this value by the total amount. However, given that there are currently approximately 19.5 million Bitcoin in circulation, adjusting this calculation, the theoretical value of each Bitcoin, under this approximation, could be around $51,282.05.
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Deleted Account 2y ago

Yeah but number of active addresses is not equal to number of active users. Also, should you consider active users only active node runners or also people having only a wallet?

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Cyph3rp9nk 2y ago

Indeed, the number of active addresses does not represent the number of users on the network. It is very difficult if not impossible to know the number of Bitcoin users, the only metric I personally use is the total number of active addresses in the last day, which I interpret as active users using the network.