0 sats \ 1 reply \ @phygit 27 Nov 2023 \ on: Good metrics for Bitcoin adoption? bitcoin
That's precisely one of the main problem right now. The ONLY metrics everyone is focusing on, especially the media, is BTC price — and it's the LEAST important one. It's purely absurd.
The BTC price is irrelevant to Bitcoin success. Only the number of real users matters.
The evolution of on-chain addresses holding 1, 0.1, 0.01 and 0.001 BTC gives interesting metrics but ofc don't give the full picture.
Coulc be useful to get live metrics from payment processors (BTCPay Server, Bitpay and such) but I guess some would be reluctant to make them public...
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100 sats \ 0 replies \ @DiracDelta 27 Nov 2023
Lolololololol, the price is very obviously by far the single most important adoption metric, but if you insist, I will grant you the inverse metric of morons who think it isn't. 🤡
Another inverse metrics: how many idiots still think medium of exchange is of great importance. 🤡🤡🤡
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