3 - Economic Bandwidth
Bankless
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Understanding Economic Bandwidth in Crypto
This chapter examines the distinction between internet protocols and cryptocurrencies, focusing on the concept of economic bandwidth, particularly in relation to Bitcoin and Ether. It critiques the reliance on FAT protocols, emphasizing the multifaceted role of Ether in the economy and its unique attributes that drive demand and liquidity. The discussion highlights the importance of economic bandwidth in valuing digital assets and its implications for financial decision-making, particularly during economic downturns.
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