It was a lively discussion for sure! Lot’s of people - lots of strong opinions
Oh god! The website has drugs on it. He’ll be sitting with Ross in about a year.
My vote though for Blockchain Freedom of Information Man of the Year. Wish I had his brass ones.
It’s a bold move. He’s a pioneer for sure!
He who? Ssdggghhhgggg
Brian Hoffman from Open Bazaar. He’s continuing the work of Silk Road and DarkMarket to build open, decentralized marketplaces. Interesting talk for sure!
Michael B. Casey - Speculative Bitcoin Adoption/Price Theory
This talk is based on Michael’s paper - I summarize elements below but it’s worth reading the whole thing here:
Wrote this paper just a little over a year ago.
If he had to do it over, he would use “crypto” in title instead of “bitcoin” as the principles apply to all of crypto
Adoption - bell curve / S-curve
Gartner Hype Cycle
Combination of these forces/outcomes
Anatomy of a Bubble
Fractal Patterns - “History does not repeat itself but it often rhymes” Mark Twain
Examines patterns of bubbles in Bitcoin - basically once per year
July - December 2017 is a perfect exponential curve
At least 2-3 bubbles still on the way
The growth of adoption of Bitcoin and therefore bitcoin price is following an S-Curve of Technological Adoption, which is itself characterized by fractally repeating, exponentially increasing Gartner Hype Cycles.
We’re still at innovators stage / maybe beginning of early adopters phase
We will continue to see cycles but the amount of growth left is huge!
We are currently in a crash - maybe half way down.
There’s no way to tell exactly where you are in the crash until it’s in hindsight.
Downward trends consolidate and shake weak hands out of the market
Can we get a day retro?
Jeffrey is a legend!
Hung out with these OG’s yesterday. What a treat!
Left to right: Brian Hoffman (@brianchoffman), Jameson Lopp (@lopp), Michael Tidwell (@miketwenty1), and Paul Sztorc (@Truthcoin).
Michael B. Casey is a really nice, smart guy. I’m glad you were able to see him in action!
Brian Hoffman. Gigantic big brass ones!
Wow… this is a ton of valuable info. It’s like I attended the event. God bless you man…
Awesome! Glad it was helpful! That’s what I was going for!
Good call - added my retro to the original post!