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58 sats \ 4 replies \ @ek 14 Apr 2023 \ parent \ on: HODL is obsolete. Hodl by SPEND & REPLACE - must be the new bitcoiners MANTRA bitcoin
I think you misinterpret what this law says. Does the law say:
"You need to spend your bitcoin to increase adoption?"
To my understanding, no, it doesn't. All it says is this:
Metcalfe's law states that the financial value or impact of a telecommunications network is proportional to the square of the number of connected users of the system (n^2).
-- https://en.wikipedia.org/wiki/Metcalfe%27s_law
That's it. Nothing about what increases adoption.
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57 sats \ 3 replies \ @jk_14 OP 14 Apr 2023
it's harder to increase the number of "connected users" if current users have the high averse to spending...
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0 sats \ 2 replies \ @ek 14 Apr 2023
Again. Does the law say:
"You need to spend your bitcoin to increase adoption?"
If not, you used the law wrong. You just abused it for your own purposes.
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0 sats \ 1 reply \ @jk_14 OP 14 Apr 2023
lol
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0 sats \ 0 replies \ @ek 14 Apr 2023
Thanks for the discussion. I know when to cut my losses ...
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