B0B Profile picture
Nov 28 9 tweets 3 min read
a catalyst will cause $DAG to experience coincident supply & demand shocks w/ the resulting price equilibrium sitting on the inelastic part of both curves (see quoted tweet). risk of irreversibility of selling a node adds to supply side inelasticity (most investors priced out)
FOMO point is obvious. but interesting is a unique kind of "double-sided reflexivity". reflexivity theory of @georgesoros states perceptions of market participants feed back into the market reality, which in turn affects perceptions of market participants i.e. feedback loop
e.g., $BTC price goes up which makes more people believe in $BTC which makes its price go up. $BTC price goes down, everyone panics, $BTC prices goes down further. $DAG exhibits a double sided reflexivity due to quantitative floor model, which leads to *compounding* inelasticity
How does this play out? Right now, the game is standard market activity: buyers and sellers of $DAG reaching price equilibrium. the nature of the associated technology is rationally irrelevant. They could be trading $DOGE or $SHIB and their strategy wouldn't change.
The game evolves when market actors experience a catalyst that causes the price to up and stay above a certain threshold, meaning $ value yields go up. they then recognize optimal strategy for both them AND other players is to hold, creating entrenched inelasticity.
it is "double-sided" reflexivity because upon both players' mutual recognition of the optimal strategy, the game-theoretic outcome skews sharply in favor of holding thus compounding the inelasticity and making the strategy even more effective. a reciprocal virtuous cycle.
But until then the game remains standard. the logic of double-sided reflexivity is circular. It therefore requires an external catalyst i.e. a means of getting from 0 to 1, which is a valid independent basis for pricing $DAG above a certain threshold & an actual increase in price
you then have an inflection point where the second derivative of the pricing function changes from concave to convex. $DAG in liquidity pools and ACIs then has a dollar value that can underwrite all activities and assets and provides financial grist to the #Hypergraph's mill.
This will be a "generative effect" (github.com/Constellation-…) not explicable by reference to component parts; it is a hological change; a global qualitative transformation.

“There is nothing in a caterpillar that tells you it’s going to be a butterfly.”― Buckminster R. Fuller

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with B0B

B0B Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BrianOBeirne1

Feb 22, 2021
@Conste11ation $DAG is the most advanced #blockchaintechnology out there. This is not a matter of debate. It's fact. The way it's structured is genius and its potential is mind-blowing. Its new #DeFI exchange @LatticeExchange is just the tip of the iceberg.
Its marketing video states that it's inspired by structures found in nature. This isn't just grandiose rhetoric. @BuckyFuller_ - perhaps America's most neglected genius inventor - also had inventions that were inspired by the natural world
In a fitting tribute to Bucky - and instead of using blocks in a #blockchain - the #hypergraph is built out of #tetrahedrons. The tetrahedron encloses the least volume with the greatest surface area (the sphere encloses the greatest volume with the least surface).
Read 15 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(