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How Raoul Pal 10X-ed His Money with Crypto and Retired to the Beach
My First Million
Cryptocurrency
The price chart, i think, is the best guide of what the asset is doing. crypto tends to be expediential in price. Once you realize that these are basically networks, a facebook is a great network stock and it works perfectly on a log chart. Anis an expedential, does all the things as you imagine, you can value it in metcalf's law terms. But the fundamental difference is, shareholders and network users are not alined. The shareholders make the money, the network users get the utility. Along comes crypto, youma marry the the network user with the owner. Now you've got network efffects upon network effects. Thiss like behavioral economics
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