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Why does bitcoin follow the power law?
It is a fact that, until now, the bitcoin conversion rate to USD follows a power law on average, see for example here. But why? Do we know? Is it because of increasing adoption rate? Is it because of something intrinsic to bitcoin algorithm? Is it something seen in other assets as well? Why? Why? Why? submitted by /u/001011110101000101 [link] [comments]
It is a fact that, until now, the bitcoin conversion rate to USD follows a power law on average, see for example here. But why? Do we know? Is it because of increasing adoption rate? Is it because of something intrinsic to bitcoin algorithm? Is it something seen in other assets as well? Why? Why? Why?
[link] [comments]
