Replying to Avatar StackSats.IO

Look at the power law: https://charts.bitbo.io/long-term-power-law/

Bitcoiners don’t like it because models keep being proved wrong, but when you understand the deviation bands and how they’re derived, and if you understand Metcalfe’s Law, this shit makes sense.

It’s not “predictive”. Look at the range it stays between - it’s so wide no-one would consider it predictive.

But the idea this weird thing #Bitcoin is adhering to a weird power law is going to make sense in hindsight.

It just says we’re going up forever.

Wild 🔥

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