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The bitcoin world has a real problem with vanity metrics to call out a few specific ones: It's full of companies like Coinbase and blockchain bragging about nu
by sanswork 10y ago
The bitcoin world has a real problem with vanity metrics to call out a few specific ones:
It's full of companies like Coinbase and blockchain bragging about number of accounts/wallets but I've yet to see any of them report MAU.
Companies like Bitpay talking about massive use growth using % figures and no absolutes and constantly changing some part of what they report on so it cannot be compared.
SCI/Rebit regularly talks about how they can't give actual figures to their volume because they don't want to attract too much attention yet spend half their time posting to forums with % increases and bragging about how fast they are growing and how huge they are.
Cointip spent years bragging about growth and how much volume they were doing before suddenly shutting up shop.
The only companies in the space that show any real information are the exchanges and Openbazaar and in the case of the later I'm sure they wouldn't if they could hide it.
- davidgerard 10y agoThe important point, though, is that each of these is actually good news for Bitcoin.