The Mustard Seed Bitcoin Podcast

← The Mustard Seed Bitcoin Podcast19 août · 54 min

Bitcoin’s Power Law Has Held for 10 Years. What Comes Next? | Sminston With

Bitcoin’s Power Law Has Held for 10 Years. What Comes Next? | Sminston With19 août54 min

<p>Sminston With joins me to explain why Bitcoin’s power law has remained remarkably consistent and how PMI, liquidity, and AI may help explain Bitcoin’s current cycle. We also discuss what could invalidate the power law, the possibility of a $200K-$300K Bitcoin supercycle, and why accumulating 1 BTC is becoming increasingly difficult.</p><p><br></p><p>Timestamps:</p><p>0:00 Sminston’s background and journey to Bitcoin</p><p>5:30 Why power laws matter for Bitcoin</p><p>12:01 Why the power law may be more robust than stock-to-flow</p><p>16:14 Why Bitcoin follows a power law</p><p>19:45 PMI, business cycles, and Bitcoin volatility</p><p>24:19 Why Bitcoin and PMI are diverging</p><p>28:01 The PMI level that could ignite Bitcoin</p><p>32:33 Liquidity, AI, and the muted bull market</p><p>36:57 Could Bitcoin enter a supercycle?</p><p>40:13 What would break the Bitcoin power law?</p><p>44:06 How much Bitcoin do you need to retire?</p><p>51:02 Sminston’s new Bitcoin data platform</p>