In this episode of Navigating Bitcoin’s Noise, I am joined by Timothy Peterson of Cane Island Alternative Advisors. To discuss the power and importance of network effects in cryptocurrencies. As the economy has transitioned to a digitized world driven by math, Metcalfe’s Law has become a very important component of financial modeling and understanding its relationship to investor psychology. Tim has spent years researching and understanding Metcalf’s work and how it applies to Bitcoin, financial markets, and money.
If you’re looking to better understand bitcoin’s past and its future potential as an economic network, then join us and listen in.
Resources:
Noise by Fisher Black - https://onlinelibrary.wiley.com/doi/epdf/10.1111/j.1540-6261.1986.tb04513.x
The Signal and the Noise by Nate Silver - https://www.amazon.com/Signal-Noise-Many-Predictions-Fail-but/dp/0143125087
Finance: The History of Money -
Narrative Economics by Robert Shiller - https://www.amazon.com/Narrative-Economics-Stories-Economic-Events/dp/0691182299
Kane McGukin
Twitter: https://twitter.com/kanemcgukin
kanemcgukin.substack.com
Timothy Peterson
Twitter: https://twitter.com/nsquaredmacro
Research: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2848613
Cane Island Research: https://www.cane-island.digital/ | https://www.cane-island.com/
EP22-1:Metcalfe's Law tells you how networks grow. It's users squared