💯 I challenge me Giovanni a lot until he acknowledged that if hyperinflation occurs, the PL breaks to the upside.
Note that it is perfect also for number of addresses and hashrate, which feels more organic.
Unlike exponential growth that grows in an unsustainable way like cancer for example, the Power Law is kind of explosive, yet sustainable and organic.
Look at the graph above again. The Power Law perfectly sits where it’s supposed to. Even if 30K-380K looks like a lot, it’s very narrow if you consider 0.006-74.000 (How many % is the delta?).
It is undeniable that the hype bubbles are unnatural, that’s why the price drops back to the mean. TOP : mania 💀. Bottom: global adoption 🧘♂️