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This short example illustrates how easy it is to misjudge the future cryptoeconomic dynamics of a blockchain network. It illustrates a frequent mistake we observe with a model we call "USD-denominated pricing." I call a transaction USD-denominated when it is carried out in platform cryptocurrency, but denominated in US dollars.
Cryptoeconomics is hard, part 2 
Added a year ago by Francis Tseng
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Cryptoeconomics is hard, part 2 
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This short example illustrates how easy it is to misjudge the future cryptoeconomic dynamics of a blockchain network. It illustrates a frequent mistake we observe with a model we call "USD-denominated pricing." I call a transaction USD-denominated when it is carried out in platform cryptocurrency, but denominated in US dollars.
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