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Best of This Week: March 4th
My First Million
Cryptocurrency Markets - What's Next?
Network effects insure the success of cripto going forward. High prices lead to excess supply, so crypto tends to be expediential in price. A facebook is a great network stock, and it works perfectly on a log chart,. You can value it in metcalf's law terms. But the fundamental differenceis, shareholders and network users are not alined. The shareholders make the money, the network users get the utility. Along comes crypto, you ma marry the the network user with the owner. Cause if they work, they'r a hundred expe next step.
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