Bitcoin: Is It Worth the Fuss? 🤷
This Root, you see, has constructed a rather elaborate model, the “On-chain Value Map.” It involves things like “Realized Cap” (the collective memory of what investors thought they paid), “Liquid Supply” (the coins people are itching to spend, or perhaps, slightly regretting they bought), and “Coin Days Destroyed” – which sounds suspiciously like a small tragedy unfolding on the blockchain. Every time a Bitcoin moves, a little bit of its digital history vanishes. Dramatic, isn’t it?







