Metcalfe’s Law as a Model for Bitcoin’s Value 23 Pages Posted: 2 Dec 2017 Last revised: 21 Dec 2017 Timothy Peterson Cane Island Alternative Advisors Date Written: October 9, 2017 Abstract This paper demonstrates that bitcoin’s medium- to long-term price follows Metcalfe’s law. Bitcoin is modeled as a token digital currency, a medium of exchange with no … Continue reading Metcalfe’s Law as a Model for Bitcoin’s Value by Timothy Peterson :: SSRN