Basecoin Diffusion Equilibrium
Annual Rolling Data Analysis
By Steven J. Grisafi, PhD.
Exchange Rate Equilibrium Convergence
Basecoin has been shown to have a more stable valuation than Bitcoin. Over a 545 day period one Basecoin would buy 72 cents of a USA Dollar with a standard deviation of 22%. Over the same time period one Basecoin would buy 1.6 m฿ with a standard deviation of 52%. The analysis now shifts to equilibrium diffusion employing linear isosurfaces. Using estimates of the exchange rates of Basecoin with the world’s two most significant sovereign currencies, the American Dollar and the British Pound Sterling, the ratio of their exchange rates is presented.
฿=a$+b£+c
ß=Basecoin; ฿=Bitcoin; £=Pound Sterling; $=USA Dollar
