Bitcoin and Apple follow a similar network growth, says Fidelity Jurrien Timmer - BitcoinEthereumNews.com
Bitcoinफिडेलिटी जुरियन टिमर कहते हैं, बिटकॉइन और ऐप्पल समान नेटवर्क विकास का पालन करते हैं02 / 18 / 2022बिटकॉइन एथेरियम समाचार Jurrien Timmer is a director of a global macro at investment giant Fidelity. He believes that Bitcoin and Apple are growing at the same rate. Despite those two technologies being different, Timmer says that they are comparable. What Bitcoin and Apple have in common is an enormous growth rate. Timmer mentioned that despite the price drawdown of Bitcoin, the number of new and active Bitcoin addresses continues to grow rapidly. Apple had massive growth over the past three decades. Timmer points out that growth can be a good example of an S-curve. S-curve is a mathematical model that calculates how long it takes for the population to adopt certain technology or product. It can be applied to demonstrate growth in many other different fields. This curve has three stages. The first stage is slow acceptance by population, the second is explosive growth, and the third is leveling off that occurs with any given variable. Apples launch with the iPhone is a good example of this model. Applying Metcalfes Law for valuation Since 1996, Apples price has grown exactly 1457x since 1996. When it comes to the