22min chapter

The "What is Money?" Show cover image

The Bitcoin Power Law with Giovanni Santostasi (WiM509)

The "What is Money?" Show

CHAPTER

Randomness and Order in Bitcoin Dynamics

This chapter explores the interplay between randomness and order within natural patterns, particularly focusing on Bitcoin's unique structure. It examines how individual actions within complex systems lead to predictable collective behaviors, drawing parallels to biological systems and the effects of COVID-19 on market behavior. The discussion also highlights the mathematical principles that govern Bitcoin's adoption, price dynamics, and difficulty adjustment, presenting it as a digital organism capable of maintaining balance amidst chaos.

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