Bitcoin Power Law is not just a model. It is a full theory of what Bitcoin is and how it works. You don't understand Bitcoin if you don't understand the Power Law.
It is also a philosophy of Bitcoin. It is based on the idea that is not scarcity or fear that drives the price of Bitcoin and it relevance but adoption based recognizing the utility of the network, the participation in a global project
The participation and connection is what gives value to the network given it is not proportional to the number of active users but its square creating a multiplicative effect. 2 of us if 4 of us, 3 of us is 9 and so on. The theory also says it also just a matter of time given the growth is a simple function of time Price ∝ Bitcoiners² ∝ (Time³)² ∝ Time⁶ Bitcoin is an unstoppable time machine
It tells Energy is critical for this system and energy in the system grows with an incredible 12th power of time. It is a predictable and precise growth. It is an astounding vision of Bitcoin all based on profound mathematical and physical laws. There is not a second best in terms of Bitcoin philosophy and science.
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