Sminston With 👁

“The power law of Bitcoin IN GOLD has taken quite a hit when you keep it honest by stopping training data in Aug 2020. Here's why I don't believe the same will happen in dollars, and rather price will continue to grow at roughly t^6. Bitcoin and the dollar both have monetary policies. One is a halving schedule, the other is a committee targeting a couple percent a year and mostly hitting it. Gold has neither. The t⁶ is a network property, addresses are doing roughly t³ x Metcalfe. The dollar is like a valve someone's hand is always on. Gold is more like the weather.”