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Hey @whitedrake14 what is your opinion on the bitcoin power

law theory?

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I think it is a heap of garbage mostly. Claims to explain the long term behavior of BTC with incorrect assumptions about the long term security model

Hobbyist- Автор вопроса
Drake
I think it is a heap of garbage mostly. Claims to ...

Would you mind to explain the incorrect assumptions of the model that makes it invalid?

Hobbyist
Would you mind to explain the incorrect assumption...

Not really, but the gist is 95-97% of miner revenue comes from block rewards and that will run dry and needs to be made up by user fees instead or supply will need to be increased. There is no solution to date.

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