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    Author Topic: Economic Devastation  (Read 504858 times)
    TPTB_need_war
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    April 28, 2015, 10:39:45 AM
     #1381

    http://spectrum.ieee.org/computing/networks/metcalfes-law-is-wrong

    Quote
    There are common-sense arguments that suggest Metcalfe's and Reed's laws are incorrect.

    If you quote bullshit academic ivory tower armchair cathedrals with no evidence and no real world experience, I can quote actual real world evidence that Bitcoin is tracking Metcalf's law:

    First a math point about relating adoption rate to price. Peter R confirmed upthread with a chart that proxies for adoption, N, are tracking price = N x N.

    I suppose you forgot the basic tenet that the scientific method requires real world verification.

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