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83: The Law of Plentitude, Stock to Flow, Metcalfe Models | What Makes Bitcoins Price Go Up? |
Kevin Kelly has written about the power of networks and their value over time. I talk about the basics of the Metcalfe Model, the Law of Plentitude, the Fax Effect, in addition to the old simple dynamic we are all aware of - supply and demandLinks from the show:Metcalfe's LawKevin Kelly's New Rules for the New Economy68 Bits of Unsolicited Advice99 Additional Bits of Unsolicited AdviceYellen says Americans should expect a decline in USDBRICS - alternative to USD trade networkTimothy Peterson's paper: Metcalfe's Law as a Model for Bitcoin's ValueBitcoin at All Time Highs (ATH) in 3 countriesGeoffrey Miller p3 episode==============================Check out getbitcoinfi.com for more blog posts and articles.Swan Bitcoin: Lower fees than Coinbase with a strong focus on educationStrike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $5, no purchase necessary.Cash App has low fees and Bitcoin only. Get $5 when you sign up with my linkRiver is the latest platform I’ve used to buy Bitcoin. You can learn more about it here.Early Bird - The easiest way to invest for your kids future with your friends and familyFountain is a way to listen to podcasts, earn Bitcoin and support your favorite content creators.My TwitterTip Satoshi's to support the pod here==============================Note: Swan Bitcoin & Streitwise are my only affiliate relationship and I am a brand ambassador for Early Bird - the rest are mutually beneficial referral links.