Blockchain, Cryptocurrency, and Network Economics

Research, insight, and education focusing on bitcoin, blockchain, digital assets, and network economics.

Before Satoshi: Milestones in the Invention of Bitcoin

April, 2024

Before Satoshi: Milestones in the Invention of Bitcoin provides a clear, non-technical exploration of the technology and financial principles that make up the building blocks of Bitcoin. Ideal for finance professionals, tech enthusiasts, and history buffs alike, this timeline of key events offers vital lessons on the resilience and adaptability of monetary systems.

Through simplified explanations, the book demystifies the underlying principles of cryptography, decentralized networks, and blockchain technology, avoiding technical jargon and focusing on the fundamentals. It explains key financial characteristics of Bitcoin, such as its deflationary nature and the concept of decentralization, in straightforward terms without requiring a background in economics.

"Before Satoshi" serves as an invaluable guide for anyone looking to grasp the origins of Bitcoin. Bitcoin is the careful and intentional result of decades of research and innovation. The money-like properties of Bitcoin were carefully crafted based on thousands of years of philosophy, law, and trial and error. Over 500 million people own Bitcoin, but none of it would have been possible without the pioneering efforts and innovations that preceded it.

Estimating a Network Adoption Curve through Price Trends

October 5, 2019

“Lowest Price Forward: Why Bitcoin’s Price is Never Looking Back.” This study presents an innovative approach to estimating network adoption curves by analyzing price trends without referring to specific assets or fundamental historical data points. It introduces a methodology centered on identifying the lowest price points within a given temporal framework and explores their significance in understanding long-term growth patterns in network-based assets. By employing a unique "square root time" scale, the research offers a nuanced perspective on the adoption rates and intrinsic valuation of networks, drawing parallels to the diffusion processes observed in technology spread.

Cryptocurrency Checkerboard Charts - 2023 Annual Package

Bitcoin Valuation Tools: the Kelly Criterion and Metcalfe's Law with Timothy Peterson

Navigating Bitcoin's Noise with Kane McGukin

https://podcasts.apple.com/us/podcast/ep53-bitcoin-valuation-tools-the-kelly-criteria/id1583424361?i=1000641980817

In our conversation we dissect the upside and downside of Bitcoin, explore the Kelly Criteria, and the secrets behind real wealth. Additionally, we delve into the application of MetCalfe's Law as a Bitcoin valuation tool and we discuss the influential power of large networks.

If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you.

18 January 2024

View the Latest Cryptocurrency Checkerboard Charts

Cane Island’s Cryptocurrency Checkerboard Charts depict monthly returns for several cryptocurrencies and tokens, ranked from best to worst performance. Cane Island’s

These visualizations are intended as educational aids. They may be used to facilitate discussions about the risks of investing in cryptocurrencies; differences and similarities among and between different currencies and tokens; determinants of long- and short-term performance; and the role cryptocurrency may play in a diversified portfolio.