Comment on Bitcoin Now Worth $1BparentComments−jessriedel13yDoes anyone know if there's a good way to determine the fraction of bitcoin transaction that are food good and services rather than just other money?−guard-of-terra13yIt's called "bitcoin days destroyed", look it up.−jessriedel13yThat's really interesting, thank you. Sounds like a pretty imperfect metric, but I like its well-defined-ness.Stack-exchange for others who want more info: http://bitcoin.stackexchange.com/questions/845/what-are-bitc...
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Does anyone know if there's a good way to determine the fraction of bitcoin transaction that are food good and services rather than just other money?
It's called "bitcoin days destroyed", look it up.
That's really interesting, thank you. Sounds like a pretty imperfect metric, but I like its well-defined-ness.
Stack-exchange for others who want more info: http://bitcoin.stackexchange.com/questions/845/what-are-bitc...