source avatarShagun Makin

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Bitcoin goes up in a straight line. NO. Bitcoin follows a Power Law. Let me explain. Most people see Bitcoin at $100,000 and think: “There’s no way it can keep going up.” People said the same thing at $1, $100, $1,000, $10,000 and yet here we are. Why… because Bitcoin isn’t behaving like a stock. It’s behaving like a network. The Power Law suggests that as a network grows, its value grows disproportionately. Not linearly but Exponentially. In 2010, almost nobody owned Bitcoin. Today, hundreds of millions of people have access to it. In 2010, the network was secured by a handful of miners. Today, it is protected by hundreds of exahashes per second, making it one of the most secure computing networks ever created. In 2010, institutions ignored it. Today, corporations, ETFs, governments, and sovereign wealth funds are involved. The network got bigger. The value followed. That’s the insight. The Power Law doesn’t say Bitcoin can’t crash. It has crashed 70%+ multiple times. The Power Law says zoom out. Measure adoption. Measure network growth. Measure scarcity. Because over the last 15 years, those metrics have explained Bitcoin far better than headlines ever did.

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