S-Curve Adoption vs Network Like Adoption. Let’s Get the Math Right.

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  • Опубліковано 27 вер 2024
  • In this video I discuss a recent post by @TimmerFidelity on X. He is a Director of Global Macro at fidelity. He mentions S curve adoption curves as a way to model Bitcoin adoption. But Bitcoin follows, as other networks, a power law adoption.
    There is empirical evidence real social networks follow power laws and not a S curve model.
    Also we address mathematical misunderstanding about the properties of Bitcoin (it is not an exponential, it doesn't taper off, the curving in a log linear chart is an artifact of that type of chart and so on).
    Reference:
    On Power Law Growth of Social Networks
    IEEE Computer Society
    by C Zang
    www.computer.o...

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