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101 sats \ 0 replies \ @cyberpunk02 5 Jul 2023 \ on: The "true GDP" of the Bitcoin economy? bitcoin
A good thought, I think the best measure of this is transaction fees. These relate to economic activity as the more significant the economic benifit the more you are willing to pay in fees. "economic benifit" is very subjective so I'm sorry it ends up including intangibles like inscriptions. It's interesting because I think this measure can include the "prices trend to zero" Jeff booth growth?