For those who weren’t around at the time @RDB1983 made this great post about the flywheel effect;
NashPay by way of Metcalfe’s law will only add to the momentum of Nash’s flywheel.
Metcalfe’s law states the effect of a telecommunications network is proportional to the square of the number of connected users of the system ( n 2).
The nodes (users) in Nash’s network can probably be divided into a few sub-networks;
Stakers, Traders, Liquidity Providers, Savers, Merchants & Consumers each contributing to Nash’s network effect.
NashCash + NashPay will offer Merchants and Consumers everything Venmo, PayPal, Cash App & Square already have in addition to all the supported cypto assets.
Traders and Stakers are already covered by the exchange and upcoming liquidity mining and savings features will cover Savers and Liquidity Providers.
With 3279 active staking wallets, the recent uptick in community driven trading volume thanks to @Oldsport’s Casino and @fabibi’s work on Fabio’s maker bot the flywheel is already starting to spin.