The Economics of Blockchain Protocols

Primoz Kordez
Aug 24, 2017 · 12 min read

Cryptocurrencies as a means of payment

A store of value as a powerful use case

Cryptocurrencies with a utility value


Use case of cryptocurrencies with a utility value

Value drivers of blockchain protocols

MVp = MVc * Vc

MVn = (Σ MVp )^m

(Non-)ownership of the protocol

“Helicopter money” and inflation effects



Primoz Kordez

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