Kevin Kelly has written about the power of networks and their value over time. I talk about the basics of the Metcalfe Model, the Law of Plentitude, the Fax Effect, in addition to the old simple dynamic we are all aware of - supply and demand

Links from the show:

• Metcalfe's Law
• Kevin Kelly's New Rules for the New Economy
• 68 Bits of Unsolicited Advice
• 99 Additional Bits of Unsolicited Advice
• Yellen says Americans should expect a decline in USD
• BRICS - alternative to USD trade network
• Timothy Peterson's paper: Metcalfe's Law as a Model for Bitcoin's Value
• Bitcoin at All Time Highs (ATH) in 3 countries
• Geoffrey Miller p3 episode

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