BTC_POWER_LA

From the "Physics of Bitcoin" introduction.
Bitcoin today is simultaneously several things to different people.
To investors, it is an asset with a sixteen-year track record of extraordinary but volatile returns. To technologists, it is the first successful implementation of a decentralized consensus mechanism — a solution to a problem in distributed computing that had been open for decades. To libertarians and civil liberties advocates, it is a tool for financial sovereignty outside the reach of state control.
To economists, it is an experiment in what happens when you remove the instituti

I told ChatGPT that Grok fixed the misspelling in the text of the image that ChatGPT created.
It took it with humor using a even using an emoji. It is heartwarming to see that these AI have personalities.

I love this one.
This mural reimagines the classical industrial fresco through the lens of Bitcoin and scientific inquiry. At its center, a radiant Bitcoin sphere is suspended within geometric rings, symbolizing the mathematical and thermodynamic laws that govern the network. Behind it stands a scientist with open hands, not controlling the system, but studying and aligning with it.
To the left, the fading fiat world appears chaotic and entropic: printing presses, debt machinery, and markets in disorder. To the right, a decentralized ecosystem emerges, miners, nodes, programmers, families, an

Bitcoin murales.

The mission of the Scientific Bitcoin Institute in an image.

TradingView indicator with the signals that gives us 800 BTC from 1 BTC.

Is the power law useful?
You can use it with a simple strategy using spot and perps with 1.5x leverage (and never been liquidated) to get you 800 BTC from 1 BTC over the history of Bitcoin.
We didn't have perps early on but it shows what can be done.

A haunting murder mystery.

At a conference in my role of advisor for Blockstream Capital Partners.

Cover calls work really well during bear markets.

The Monte Carlo simulation based on the power law slopes is more conservative than traditional Black-Scholes (the trillion dollar equation).
This is because we consider properly the large tails of the distribution of possible Bitcoin returns.
This is a full backtest on the history of Bitcoin.
Cover calls using this method can give very safe 1% premium a month and 2 % with just a bit more risk.
This is while being fully exposed to long term Bitcoin growth.

Notice how the price wants to move along the power law even after a correction. Corrections are almost vertical and then price moves along a path parallel to the power law.
Bitcoin does mostly power law things.

Price projection for the next 14 days. Yellow curve is the median of all paths == power law.