BTC_POWER_LA

Age 2.1 Year

Peak Tier 0

No content yet

BTC_POWER_LA

9h ago

Power laws everywhere.
Lunar craters follow a power-law size-frequency distribution, where smaller craters are significantly more abundant than larger ones. The cumulative size distribution generally fits an equation N(D) = cD^b, with slopes b typically ranging from -2 to -3.

2 Likes

Reward
2
Comment
Repost
Share

BTC_POWER_LA

10h ago

Power laws on the moon.

2 Likes

Reward
2
Comment
Repost
Share

BTC_POWER_LA

12h ago

Network effects >>> scarcity for Bitcoin
A common misconception about Bitcoin: "The 21M cap creates scarcity, and scarcity drives price."
This misses the actual mechanism. Let me explain why the power law is fundamentally about network effects, not supply constraints.
Thread:
1/ If Bitcoin's price was driven by fixed supply meeting growing demand, we'd expect a linear relationship: P ∝ N (where N = number of users).
But we observe P ∝ N^1.83. That's quadratic scaling, not linear.
Where does that extra exponent come from? Network effects.
2/ Consider the historical evidence: Bitcoin's supply i

BTC-1.19%

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

15h ago

Real science vs economy models that do not apply to Bitcoin.

BTC-1.19%

2 Likes

Reward
2
Comment
Repost
Share

BTC_POWER_LA

04-06 03:00

I need some feedback for the books, is this type of style good for the book?
I started with darker background but I think for the printed book the white background works better.
I'm using dates and financial values on the y axis (avoiding scientific notation that some people dislike).
Is this good to go?

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-05 09:43

Very good introduction to network theory.
Everybody mentions that Bitcoin is a network but they never go deep in understanding how networks behave.
Link to the video in the comments.

BTC-1.19%

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-05 06:16

Paper submitted to Physica D: Nonlinear Phenomena.
Wish us luck.

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-03 20:36

The type of paper the Scientific Bitcoin Institute will produce to establish the soundness of a Bitcoin standard economy.

BTC-1.19%

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-03 19:32

It is just a partial result and explorative study at this point. I will go deeper.
But I asked the question, what happens when Bitcoin becomes the monetary standard?
Would an economy survive with a fixed money supply or to go a death spiral?
Many economists say it will go to a death spiral.
The answer is no, it doesn't necessarily.
Even in this simple toy model (not agent based but done this by solving differential equations) shows stable solutions.
I will share more result as I make the model more realistic.
Key Results (50-year simulation):
Growth & Deflation Equilibrium:
Real GDP grows

BTC-1.19%

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 19:21

It is kind of crazy a scientific paper has been downloaded almost 3000 times.
If you didn't read the paper yet, you will find the link in the comments.
First paper to show systematically that the Bitcoin power law is a real phenomenon.

BTC-1.19%

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 19:16

This is the link:

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 02:22

Here cost of computing going down due to deflation and cost of things going down due to Bitcoin network properties. I'm actually telling you a better story than Jeff does. @JeffBooth
I still like the general spirit of the idea and that we should live in an abundant economy. Perfect.
But the role of Bitcoin in all this is not explained by deflation or inflation that irrelevant to Bitcoin dynamics.

BTC-1.19%

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 02:06

Jeff Booth's "Price of Tomorrow" claims things get cheaper in Bitcoin because technology creates deflation. This chart tests that claim with actual data.
Panel 1 shows technology made cars modestly cheaper over 16 years. About 1.5x in real terms. That's the green line in Panel 2.
Panel 2 shows what actually happened when you price a car in Bitcoin. It went from 2.1 million BTC in 2010 to 0.22 BTC in 2026. That's a 10 million x decline. The blue line.
The green line is nearly flat. The blue line collapses. Tech deflation predicts 1.5x cheaper. Reality delivered 10 million x cheaper.
Where did t

BTC-1.19%

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-03 01:33

I don't understand why people like plausible good sounding story when Bitcoin data tell us a story much better than anybody in Bitcoin world ever told.
I'm actually saying that Bitcoin is much better than sound money and deflation or inflation are irrelevant to Bitcoin. The network effects trumps everything else.
It is math, guys, not a bunch of words.
The Test: What If Inflation Disappeared Tomorrow?
Booth's model predicts:
Technology still deflates at 5-10%/year
Bitcoin purchasing power grows 5-10%/year
Bitcoin price growth slows to near zero (no inflation to "fight")
Power law model pred

BTC-1.19%

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 00:40

Bitcoin Live with the Power Law & Minotaur Team, #31 4/02/2026

BTC-1.19%

Reward
like
Comment
Repost
Share

BTC_POWER_LA

04-03 00:34

Join un at 5:35 PM PST for the Bitcoin Live show where we discuss recent Bitcoin price action using the power law and liquidity indicators.
Yes, Marcus will be there.
Show is here on X, YouTube and Twitch.

BTC-1.19%

1 Likes

Reward
1
Comment
Repost
Share

BTC_POWER_LA

04-02 23:04

I know some of my posts are controversial but I truly care about understanding Bitcoin for what truly is and not projecting our fantasies, biases and misunderstandings into it.
Bitcoin is truth, so we should be able to converge to this truth together, using science, logic and data.

BTC-1.19%