Bitcoin Forum

Economy => Economics => Topic started by: highperspective on December 19, 2017, 07:55:57 PM



Title: Framework for estimating adoption
Post by: highperspective on December 19, 2017, 07:55:57 PM
I am considering making a university project where I will use physics models to estimate adoption curves of blockchain use cases. Therefore, I am interested in, if you have read any articles or seen any frameworks for this before? I might be able to use it as inspiration for my project if it gets accepted.  Thanks!


Title: Re: Framework for estimating adoption
Post by: uslfd on December 19, 2017, 09:54:28 PM
I think most people stick to some sort of exponential growth model?
Excuse me if I sound completely stupid as im not a physicist! I'm interested in what you're trying to achieve here though. good luck!


Title: Re: Framework for estimating adoption
Post by: exstasie on December 19, 2017, 09:54:46 PM
I am considering making a university project where I will use physics models to estimate adoption curves of blockchain use cases. Therefore, I am interested in, if you have read any articles or seen any frameworks for this before? I might be able to use it as inspiration for my project if it gets accepted.  Thanks!

It's a common belief among Bitcoin enthusiasts that Bitcoin and blockchain technologies share the same trajectory as other widely adopted technologies like automobiles, televisions and cell phones. They call it the "S curve." I've always been skeptical of comparing Bitcoin to ubiquitous technology like smartphones, but after this year's developments (like Square/CME/NASDAQ adoption), it seems possible.

Here's a recent chart I saw (https://twitter.com/parabolictrav/status/942627720638300160) that attempts to map the adoption curve vs. other major technological advances:
https://i.imgur.com/f7c7tUW.jpg

Pretty wild to think about! If Bitcoin hits the top of the curve (99% adoption), prices would have to be astronomical compared to today.