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.
Isn't this price prediction contradicting the S2F model?
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Not really meant as prediction, more valuation, like s2f. Metcalfe and s2f models are for roughly understanding why/how adoption and scarcity affect price.
Thanks. This is a good point worth clarifying!!