Bitcoin Rapid-Fire

@Croesus_BTC: Bitcoin and the Technology Adoption Life Cycle - Where are we now?

@Croesus_BTC is an anonymous account on twitter who released a thought-provoking analysis of bitcoin's growth and adoption, through the lens of a standard technology adoption curve, with comparison to specific historical...

2020-07-01

Episode notes

@Croesus_BTC is an anonymous account on twitter who released a thought-provoking analysis of bitcoin's growth and adoption, through the lens of a standard technology adoption curve, with comparison to specific historical examples.  


Interestingly, a key component of bitcoin's architecture, the 4-year reward-halving cycle, was used as the length of time for each standard deviation of the proposed adoption curve.  


The halving cycle has been used before, most notably in the well-known 'Stock-to-flow' model, to model bitcoin's growth over those 4-year periods, however plotting it over a typical technology adoption curve is, to my knowledge, unique. 


As a result, I thought it would be interesting to have @Croesus_BTC on to explain it and discuss further. 


Enjoy!  


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More from @Croesus_BTC: 


TWITTER: https://twitter.com/Croesus_BTC 


TWEET THREAD: https://twitter.com/Croesus_BTC/status/1271165665236246529?s=20  




More from me: 


TWITTER: http://bit.ly/2P7PUjA 


YOUTUBE: https://bit.ly/3aBbZxg 


MEDIUM: http://bit.ly/2Zk0Dex 


INSTAGRAM: http://bit.ly/30r7IqY  


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