Crypto Network Effects Under Debate as Experts Clash on Valuation

The cryptocurrency market is experiencing a heated debate regarding the concept of network effects, with Santiago Roel Santos, CEO of Inversion Capital, arguing that cryptocurrencies don’t exhibit positive network effects. He contends this in his recent Substack post, where he asserts that cryptocurrencies are priced based on non-existent effects, citing Metcalfe’s Law as proof. While others disagree with his assessment. ]