5min chapter

Swan Signal Live - A Bitcoin Show cover image

Jesse Myers & Joe Burnett | Swan Signal | EP 106

Swan Signal Live - A Bitcoin Show

CHAPTER

The Energy Gravity Model of Bitcoin

NakamotoPortfolio.com is an open source project that we're working on, but it kind of delves into this model. The general idea behind the energy gravity model was Bitcoin is a commodity. It's not very different from other commodities in the sense that if the price is a million dollars of coin and the cost of produced Bitcoin is $10,000 a coin, people are going to start mining Bitcoin. If there's an arbitrage opportunity, someone in the market of the 8 billion people in the world are going to take it. And so I think what has happened in previous Bitcoin cycles and what happened in 2021 will probably happen again when we have another parabolic bull run

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