Tag Archives: Metcalfe’s law

Bitcoin is a lesson in how networks can supercharge innovation economies

BITCOIN has had a turbulent week. This experiment in digital money has yet to prove it can be more than a toy for investors with nerves of steel. But people write off its parabolic rise too easily. Bitcoin’s volatility should make you wary, but its roaring price increases also arguably illustrate how value can exponentially increase as a network grows in size. Continue reading

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