Velocity link the number of variables we can determine the. This equatino be solved for to assign a value to relevance to cryptocurrency is that utilty�that is, its fundamental usage as a medium of exchange release Investor Series 3.
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Now, if you were to search the web for these valuations, you would find many detailed analyses. Though built upon a shaky foundation, this valuation methodology was so convincing and widely adopted, that many others followed, placing a wide range of value estimates for bitcoin and other crypto assets, using a vast array of assumptions. To demonstrate the variability of forecasted values, we used the INET model 7 , inputting an array of values for two of the 20 possible assumptions, GDP and velocity.
