5min chapter

Tom Bilyeu's Impact Theory cover image

The Realities of Money, AI, and the 2024 Recession | Raoul Pal PT 1

Tom Bilyeu's Impact Theory

CHAPTER

Metcalfe's Law, Productivity, and the Value of Networks in Cryptocurrency

Exploring the correlation between Metcalfe's law and productivity in determining the value and future utility of networks, particularly in the context of cryptocurrency. The discussion revolves around understanding price movements, active users, economic activity, and the complexities involved in applying Metcalfe’s law to network transactions, with a focus on Bitcoin's role in productivity and safeguarding against debasement.

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