Saturday, May 5, 2018

Bitcoin as a color whitening process

Bitcoin trades in seven major currencies.  Each currency trader is viewing a one color ledger queue, in their currency of choice.  This is the standard Shannon-Hartley one color model. In the multi currency model of a semi constrained bandwidth, all currency trades get feed back, the transaction costs of registering bitcoin change, their channel share has changed.   Hence, in any given currency,  the market size of bitcoin is an accurate measure of the central bank offset people in that currency desire, as long as ledger fees are stable.

There are likely beer ways to do this, but the sandbox is not concerned at the moment and figures to run with bitcoin until circumstances change.

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