Power laws are mathematical expressions of the form y=A x^n and are ubiquitous in nature but also in social phenomena and many parameters related to how a city or a nation grows.
They are so common because it can be shown mathematically and physically that they emerge any time you have some kind of process where the output becomes the new input in an iterative process.
This is exactly what happens with Bitcoin where for example the hash rate now affects the hash rate later in an infinite loop. So it is amazing but also perfectly consistent with the nature of Bitcoin to have power laws governing its behavior.
The interaction is supported by the diagram below which is well-known in the community. I didn’t invent the diagram but I used it to illustrate how the theory works.
"Studying the Bitcoin Power law removed fear. Wild wishful exagerations by influncers lead to disappointment. "
- Sutton Coldfield Bitcoin
The fundamentals of the Theory
Learn the basics of the Bitcoin Power Law.
Network Science
Learn how to make your own Bitcoin Power Law Indicators.
Power Laws are Everywhere
Learn about the relevance of Power Law in Nature and Social Phenomena.
Giovanni Santostasi, Ph. D. is the creator and discoverer of the Bitcoin Power Law Theory.
