Obi Nwosu recently shared the definitions of metrics to use to measure success of creation of Bitcoin circular economies. And I dig it.
- Local Superbitcoinization = 21% of the economically productive segment of a community using Bitcoin weekly.
- Local Hyperbitcoinization = 51% of the economically productive segment of a community using Bitcoin daily.
What do you think? Is this THE definition we should all use? :)
- "Using Bitcoin" excludes investing, holding and saving. So mainly transacting.
- "Economically productive" is defined internally as people capable of work. So not children, the retired, or those who are otherwise unable to work.