Thread

The power law was developed to counter the obvious and impactful implications of S2F … amazing how so many bitcoiners have anchored to the obviously bearish model. Assumes basically no network effects of adoption. It is fucking stupid.

Interesting 👀

I just learned about this Power Law. It aligns with my hunches, but I don't know for sure. I like the way you put it, "until proven otherwise."

It's basically a channel that will in theory go up forever showing low and high points ...