What are the fundamental principles of the Bitcoin Powerlaw?
The theory is based on two main principles:
1. Logarithmic Growth: Bitcoin's price grows not exponentially but according to a power law, indicating sustainable and predictable long-term growth.
2. Fractal Relationships: Bitcoin's price variations follow fractal patterns, suggesting a self-similar structure in price fluctuations across different time scales.
This implies that while short-term price variations are significant, there is a predictable and steady trend over the long term.
Thoughts ðŸ’🤔
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#powerlaw #asknostr
What is gained exactly by deeply understanding the patterns of fiat price fluctuations?
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Correct, so this technically is basically basing Bitcoins value in Fiat ... is that what your saying ?
Powerlaw=Fiat ?
I mean
I don't think its a *completely irrelevant metric....
But i wouldn't spend a lot of time on it personally.
