I've seen plenty of calculations for the upper potential of the cryptocurrency market -- when I see these speculations, I have to ask myself - as a scientist - what are the first principles?
These calculations are always in the context of USD.
USD?.....Really?
What kind of rubbish unit is that? How can we predict the value of BTC if our unit is something so contrived and convoluted by humans.
I propose we adapt power in the form of Watts (W) or the number of transactions (Trans) to quantify the intrinsic value of cryptos.
Thoughts?