Power law

And obviously, like the name sounds, the idea is, hey, is now a good time to get into Bitcoin? Is now a good time to convert fiat into Bitcoin? You can see at the top there's a slider and it automatically goes to exactly where we are today.

And what I mean where we are, I mean where we are on the power law.

So power law is one of the, which is really the most interesting way to describe Bitcoin's growth over time and its trend over time.

And so this is its current position in the power law.

And we're below trend right now.

We're about 0.52 below trend.

It's not necessarily to take money off the table to buy a Ferrari or whatever, but to sort of follow through on some of those life goals.

That's one way to think of it.

Bitcoin 24 lands around 2032.

And the Bitcoin power law crosses $1 million around June of 2033.

Four models, four completely different approaches.

one destination.

The log periodic shows us something interesting there is...

So here's the power law.

You got the bears.

You see there's different, you know, different, different lengths of bears, right? Thirteen months here, 85%, 12 months, 84%.

I'm showing, you know, you got two-year cycles, you got 3.7 year cycles, and then you got 7.7 year cycles.

I, I would also agree with you, Plan C, that all this stuff is incredibly sensitive.

If we were following the power law perfectly, we would have an R squared of one, right? We'd just be following, following power law, but it doesn't work that way.

But I still think it's interesting to follow the math of how we do move around it.

But academia got it partially correct.

So while stocks exhibit power law where a few exceptional companies create all the value, it's actually leaders exhibit even bigger power laws.

So they create enormous value while the average leader creates almost no value whatsoever.

So these guys create enormous value and we should ride their coattails.

I'm here with Giovanni Santastasi from, well, Scientific Bitcoin Institute.

Many of you will know him for his work on the Bitcoin power law.

Let's just start with a little bit on the price and the power law, obviously.

I know you were chatting a bit about how...

You know, people kind of talk this power law floor, but you were saying that's like a bit misleading.

Right.

But it's kind of funny that it kind of did bounce off that, right?

And so we stay there.

Um, but anyway, that's just my thought.

Well, if you follow Fred's power law, his law of power, um, is it, it held, it really did-

...

it held up.

It's at, uh, 56% right now, so-

What does that mean?

We're, we're at 56% of the power law.