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