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PlanB 2y ago

Current bitcoin adoption is ~1%

Adoption from 1% to 10% will be as fast as from 0.1% to 1%, as per the s-curve 1/(1+exp(a)) .. less than 10 years!

And yes, there is a link between adoption% and price (Metcalfe's law). The vertical is coming.

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Discussion

GHOST 2y ago

What are they basing adoption on? Price? Number of wallet addresses? Retail stores that accept bitcoin payments?

PlanB 2y ago

Doesn't really matter for the argument

SelfBankt 2y ago

The vertical is coming.

R3b3l - The last Samurai 2y ago

Isn't this price prediction contradicting the S2F model?

PlanB 2y ago

Not really meant as prediction, more valuation, like s2f. Metcalfe and s2f models are for roughly understanding why/how adoption and scarcity affect price.

R3b3l - The last Samurai 2y ago

Thanks. This is a good point worth clarifying!!

nobody 2y ago

Next three years will be crazy for hodlers

27e8d8d3... 2y ago

Is the adoption percentage calculated on the global GDP (P*T), as the global GDP share that is transacted in BTC?

hakim 2y ago

We'll definitely see

esc_925 2y ago

Happy to see you at Nostr @PlanB Another Dutchy joining here 😀