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.
Discussion
I suppose you understand that the s2f has been invalidated both statistically and empirically...
The FTX psyop had to bring in Larry David, Tom Brady, Steph Curry, et al (and Sequoia for the tech finance community) to break the market’s psyche