Bitcoin & Crypto | COVID | Politics & Geopolitics
On getting up to speed on 2019-nCoV, I observed early the resemblance of its mathematics to a 2019 paper using Metcalfe’s law to value bitcoin. As both are exponential growth models encompassing the network effect, this was unsurprising. However, when I thought longer, the similarities appeared more profound:
• Both show an increasing trust deficit between the Chinese public and its leadership
• Both reveal china’s vulnerability is not economic but political
• A comparison shows the limits and dangers of China’s longer-term AI strategy
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