bitcoin

The "true GDP" of the Bitcoin economy?

I wouldn't be so certain. Of course any estimate would have some (huge) error bar, but to be useful it would be enough to have some argument for why the error stays constant between the calculations for two different years. 

Then one could say whether it increases/decreases, and over time build some model off of that. 

I hope this question is not too random, but since you are a designer: Have midjourney et al impacted your business in any tangible way?

Google will accept bitcoin & crypto for cloud services.

thilinarashmika002

Am I missing anything or where is the source for this?

Hi, this is my first post here. 
I'm a CS graduate who has been fascinated with crypto(graphy/currency) and cipherpunk since I was in high school. As an adult,  my only take on all of it is: **Blockchains are too cool to be this useless.**

Where I live, the shills and hodltards have crawled back into their holes, the techies and true believers seem to be back a little. I want to get back into caring about crypto an search for a dev job in this space. So when somebody asks me "what do you do", how do I answer them without making crypto sound like and end unto itself? I'd like to be able to answer: "Such and such amount of tangible goods and services are paid for with btc". 


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There's a meetup in a pub near me that tries to onboard people onto the lightning network (I think?) by letting you buy a coffee with lightning, sounds fun. I'd consider sats spent towards a cup of coffee a contributing towards the "true GDP" of the BTC economy. I wouldn't count: Block Rewards, NFTs, any money made in financial products. 

When I think of "actual commerce" done Bitcoin, the following comes to mind:

* Some VPS/VPN you can buy with btc
* Darknet stuff
* Anything that accepts *bitpay*-type services. In 2015, I bought a pizza with Bitcoin. Ouch. 


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Basically I'm trying to start up a discussion around the following question: How would you go about estimating the "true GDP" of btc?