WHY WILL ALL VALUE ACCRUE TO BITCOIN

There are some interesting game theories that appear to converge when it comes to bitcoin, making the likelihood of it's growth and increased value over time more and more certain.

SCHELLING POINT

Introduced in the 1960s by the American economist, Thomas Schelling, the Schelling point basically asserts that that even if people who cannot communicate with one another, especially when a compelling solution to a problem presents itself, they can still converge on a decision or course of action (-> bitcoin)

As more people are drawn to the Schelling point, it attracts ever more people (-> bitcoin)

LINDY EFFECT

In essence, the Lindy Effect states that the longer an idea, a technology or a business has been around, the longer it is likely to endure.

METCALFE'S LAW

Popularized by Robert Metcalfe, who invented Ethernet, among other things. Metcalfe's law states that a network becomes proportionally more valuable the more users it has. Utility increases exponentially as more and more users join, strengthening the network.