RE: Cryptocurrency: Quantifying Network Effects
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I remember how lame the original Facebook was. It was pretty difficult to use. I never would have guessed it would grow into what it has become today. Very impressive. It can be hard to guess which ones people are going to latch onto and spread and which ones are going to be a dud.
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That is the key that I try to convey. People look at Facebook and Google as they are now, after 15 or 20 years of updates. They were not that way in the beginning. People are trying to compare Hive based applications, which are a year or two old for the most part to things that were in operation for 10+ years. It simply is not going to match up.
The difference is the gap can be closed as long as development is taking place. In 14 months, we saw a lot of advancement on Hive and more is coming.
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That is very true! Yeah, FB has come a looooong way in that time. Sometimes it is hard to remember that it is so old!
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