Content pfp
Content
@
0 reply
0 recast
0 reaction

Chukwuka Osakwe pfp
Chukwuka Osakwe
@chukwukaosakwe
what kind of behaviour is farcaster trying to encourage with these tip tuesdays? use your warplet more?
3 replies
0 recast
4 reactions

KMac🍌 ⏩ pfp
KMac🍌 ⏩
@kmacb.eth
MV=PQ
1 reply
0 recast
1 reaction

Chukwuka Osakwe pfp
Chukwuka Osakwe
@chukwukaosakwe
i should have paid more attention to chemistry.
1 reply
0 recast
0 reaction

KMac🍌 ⏩ pfp
KMac🍌 ⏩
@kmacb.eth
Or economics 😅 From ai Quantity Theory of Money: MV = PQ Where: • M = Money supply • V = Velocity of money (how often each unit of currency is used) • P = Price level • Q = Quantity of goods and services (aka real output) Sometimes it’s written as MV = PY, where Y = real GDP. My take: While not exactly what MerkleM is after, which is likely tx fees 🤷🏻‍♂️ (ironically downstream of coin:base for now), this formula is fun to evaluate tokens with. How tight is the tension driving ‘GDP’. Def not perfect & some economists have moved on from this classic
1 reply
0 recast
1 reaction