Could this break the log/log power law for Bitcoin?

The log/log power law governing Bitcoin appears robust. However, could there be a plausible and logical scenario in which this power law is disrupted or abruptly halted? 

Drawing parallels with historical events, such as Executive Order 6102 under the Franklin D. Roosevelt administration, wherein all gold bullion and coins were seized, one might speculate on the potential for a similar intervention by the US Government or Federal Reserve in the realm of Bitcoin. It wouldn't be unfathomable for them to accumulate over 51%—equivalent to 11 million—of all Bitcoins, as well as a majority share in Bitcoin mining capacity. In my estimation, such a scenario is not improbable. 

For instance, if financial giants like BlackRock and Fidelity were compelled to relinquish their Bitcoin holdings and associated assets, or if companies like Riot and Marathon were coerced into nationalizing their Bitcoin mining operations, this could significantly alter the landscape of Bitcoin ownership and control.

Here are some more resources:

1. https://charts.bitbo.io/long-term-power-law/
2. https://twitter.com/Giovann35084111
3. https://twitter.com/hcburger1
4. https://twitter.com/apsk32
5. https://twitter.com/dotkrueger

Hal Finney (Bitcoin) and Terry A. Davis (TempleOS)

Is it possible that Hal Finney is to Bitcoin, like Terry A. Davis was to TempleOS (J Operating System, LoseThos, and SparrowOS)?... 

I heard about TempleOS and Terry A Davis while listening to the radio in the car. 

It's worth looking up:

1. https://en.wikipedia.org/wiki/Terry_A._Davis
2. https://www.vice.com/en/article/wnj43x/gods-lonely-programmer
3. https://www.reddit.com/r/AskProgramming/comments/9oq33p/how_much_of_a_genius_was_terry_davis_actually/
4. https://templeos.org/

Bitcoin is not crypto, and crypto is not Bitcoin

Bitcoin and crypto are not the same thing. This is an important point. Yes, Bitcoin is a cryptocurrency, but do not be misguided and lump Bitcoin with all other cryptocurrencies, (known as crypto or alt coins). Once this is understood, everything becomes much clearer about Bitcoin.

Bitcoin is not crypto

The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation

The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation by Chad Thackray

https://youtu.be/wfi-bst4hmA?si=jolV5-xhxa7JhNrr

Text from YouTube video:

"We implement a model popularised by Harold Burger, which uses a log-log chart of bitcoin and then applies linear regression to establish a long term corridor of price action, which has worked well over the past 10 years. It's a useful indicator to zoom out and see the big picture, without getting worked up over day to day price action."

See also:

https://medium.com/quantodian-publications/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger) up to the year 2050

The Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger).

Data presented in table format from 2009 - 2050. 

Find any date and see the Mid, Low or High price in US Dollars.

Notice how close the price of Bitcoin in US Dollars was in November 2022 to the "Low" within the log/log power law corridor of growth...

https://bbcdsatoshi.com/gallery/Live%20Bitcoin%20Price%20Log%20Log%20Power%20Law%20Data%20BBCDSatoshi.html

Bitcoin price prediction 2023 - 2033 lowest price based on log log power law devised by Harold Burger

Forecasting Bitcoin's Minimum Value. This provides an estimate of the lowest potential value, expressed in US Dollars (USD), for a single unit of Bitcoin (BTC) based on the logarithmic power law model developed by Harold Burger. It's crucial to underscore that these figures represent the absolute minimum values, suggesting that actual prices could only be higher.

Please approach these predictions with an understanding of their inherent uncertainty.

2023: $16,000

2024: $24,000

2025: $35,000

2026: $50,000

2027: $70,000

2028: $95,000

2029: $125,000

2030: $165,000

2031: $225,000

2032: $285,000

2033: $375,000

https://bbcdsatoshi.com/

Gotta love Bitcoin memes and humour - CRAB-17 STAGE II (Rothschilds bow to Bogdanoff)

Memes and humour always tell a small truth. This is especially true in any field of interest, the community and sub culture. This holds true for Bitcoin. 

Gotta love this one from the content producer Bizonacci on YouTube. This video is deftly edited and contains a possible grain of truth in the area of manipulation and human psychology pertaining to the markets, notably Bitcoin. Brilliant video, enjoy.

Rothschilds bow to Bogdanoff. CRAB-17 STAGE II

https://youtu.be/y28Diszaoo4

Best dashboard for Bitcoin, by Clark Moody

This is a fantastic dashboard from Clark Moody (don't forget to scroll right and left!)

https://bitcoin.clarkmoody.com/dashboard/

Read this book written in 1999

Cryptonomicon - by Neal Stephenson

This book is all about crptocurrency and cryptography. Great read!

https://www.goodreads.com/book/show/816.Cryptonomicon

Here is further info about  the book:

Cryptonomicon zooms all over the world, careening conspiratorially back and forth between two time periods--World War II and the present. Our 1940s heroes are the brilliant mathematician Lawrence Waterhouse, crypt analyst extraordinaire, and gung-ho, morphine-addicted marine Bobby Shaftoe. They're part of Detachment 2702, an Allied group trying to break Axis communication codes while simultaneously preventing the enemy from figuring out that their codes have been broken. Their job boils down to layer upon layer of deception. Dr. Alan Turing is also a member of 2702, and he explains the unit's strange workings to Waterhouse. "When we want to sink a convoy, we send out an observation plane first... Of course, to observe is not its real duty--we already know exactly where the convoy is. Its real duty is to be observed... Then, when we come round and sink them, the Germans will not find it suspicious."

All of this secrecy resonates in the present-day story line, in which the grandchildren of the WWII heroes--inimitable programming geek Randy Waterhouse and the lovely and powerful Amy Shaftoe--team up to help create an offshore data haven in Southeast Asia and maybe uncover some gold once destined for Nazi coffers. To top off the paranoiac tone of the book, the mysterious Enoch Root, key member of Detachment 2702 and the Societas Eruditorum, pops up with an unbreakable encryption scheme left over from WWII to befuddle the 1990s protagonists with conspiratorial ties.

Satoshi Nakamoto's White Paper

Satoshi Nakamoto's original paper is still recommended reading for anyone studying how Bitcoin works. Bitcoin: A Peer-to-Peer Electronic Cash System. The paper that first introduced Bitcoin
Download the PDF: https://bitcoin.org/bitcoin.pdf

Free Book - Princeton University

There is a very good free book. This accompanies the Princeton University Bitcoin and Cryptocurrency Technologies Online Course.

"Bitcoin and Cryptocurrency Technologies" provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency.

Download the free PDF book at:
https://d28rh4a8wq0iu5.cloudfront.net/bitcointech/readings/princeton_bitcoin_book.pdf

One of the best resources...

One of the best resources I have come across is from Princeton University. There are a set of 12 video lectures on Youtube - https://www.youtube.com/channel/UCNcSSleedtfyDuhBvOQzFzQ

Welcome

Welcome to the blog all about Bitcoin, Blockchain, Crypto and Digital Assets. The aim is to provide interesting links and articles to help learning within the industry/arena/space.