The Bitcoin Power Law with Giovanni Santostasi (WiM509)

[@RobertBreedlove22]

Timestamps: 0:00 - WiM Intro 1:05 - Helping Lightning Startups with In Wolf's Clothing 1:56 - Introducing Giovanni and Power Laws 3:12 - What is a Power Law? 10:41 - Bitcoin Power Law 17:49 - Bitcoin Price Power Law Linear/Log Charts 29:07 - The Art of Alpha Retreat 30:40 - The Farm at Okefenokee 32:07 - Chaos Theory and Nonlinear Systems 40:18 - Bitcoin Adoption Speed 48:39 - Bitcoin R-Squared Value 59:00 - Modeling Bitcoin Growth with Network Theory 1:05:58 - Heart and Soil Supplements 1:06:58 - Simplifying Bitcoin Power Law 1:11:02 - Hyperinflation of the Dollar 1:16:37 - Power Laws in Nature 1:28:54 - Austrian Economics and Power Laws 1:32:54 - Bitcoin’s Monetization Feedback Loop 1:46:57 - The Beauty of Bitcoin’s Difficulty Adjustment 1:50:56 - Metcalfe’s Law and Power Laws 1:58:21 - Bitcoin’s Price Support Power Law 2:02:19 - Trading Bitcoin’s Power Law 2:05:34 - Universal Power Law Examples 2:10:40 - Bitcoin Power Law Price Discussion

[@h2w25]

To be fair, *British HODL* dismantled this guy and murdered the spaghetti in the process.

[@christianvandenboogaart4568]

hi thanks, where can we find the slides?

[@arbo3495]

​@@h2w25the only thing he dismantled was his reputation. Argued like a kid.

[@h2w25]

@@arbo3495 ha! Guys, we found Giovanni’s burner account!!!

[@quantonomy]

Thank you Robert for the incredible opportunity to discuss these topics with you. It is marvelous to discuss these ideas with an intelligent, informed, intuitive, and knowledgeable individual. Even when we didn't perfectly agree on something the conversation was respectful, we could come to some common agreement and move to the next idea and learn from each other. I consider this the best interview I have ever had, in fact, it was more like a philosophical discussion about the truth and beauty of Bitcoin by two passionate Bitcoin explorers. Thank you again, a strong Italian hug.

[@marktube4377]

That was amazing sir! Incredible work.

[@adambui7935]

bitcoin is not money

[@MrDingaling007]

@@adambui7935 What is Bitcoin?

[@adambui7935]

definitely it is not money, it is 2nd singularity

[@gamanshoo]

@@adambui7935that is some WILD philosophy 🧠 I read a little about it because I did not know what you meant…do you think that I could understand it without having a mathematics background? Would Pravir Malik’s book be a good start or is there something more apt for a “beginner explorer”?

[@alexnatourNewHomesLasVegas]

I am going through this video for the second time. This round, I am doing 15 to 30 minutes sessions. So much to learn. Is absolutely incredible. Can't thank you enough.

[@yacava]

I agree, Giovanni. Your best ever. Robert’s style and pace helped you to make your points very clearly. Bravo

[@samittin]

It’s beautiful to watch Giovanni break it down like this instead of arguing with imbeciles on twitter

[@paulmanning4901]

excatly my thoughts

[@evinvestfuture7440]

A much more productive discussion with Gio. Thank you Robert and Gio. I think Mr Minesh Bhiindi should take note on how to hold a civil conversation and remain humble.

[@nm9012]

Tbis is right up my alley. Thankyou

[@ThomasNatan]

This man is incredible. A true thinker and scientist and true Bitcoiner. I really enjoyed the discussion and the deep concepts. It seems Bitcoin is truly a special asset and there is no doubt it follows a power law. I just ordered the book "Scale".

[@MarketAnarchy]

Dropping this before the long weekend - great timing - now I have to find 2 hours of free time!

[@pictureroom]

Yes!

[@adambui7935]

bitcoin is not that why it is 2nd singularity

[@chrishayes8012]

Giovanni makes a lot more sense after this pod, well done

[@DonBrott-jz8it]

The master class on power curves. Whay a blessing

[@matt_byrne]

So excited to give this a listen! Thanks for putting this out right before the long weekend!

[@matguerra333]

I love Giovanni, he kills it every time and bucks me up.

[@Tradeforlife2023]

This was amazing gentleman, hats off to both of you, I would like to say around 2040 - 45 inflation will double I don’t believe it will be in hyperinflation territory. Bitcoin will be around $10 Million at this point also. Bitcoin is nature and it is a beautiful network that I will never forget about. 🎉

[@slevinkalevra]

This is truly amazing. 🤯

[@xtremqban]

Thanks Robert and Giovanni. This was an amazing and needed conversation.

[@johndrake3472]

This power law idea that reigns in growth and over extention to avoid destruction is elegant and makes a ton of sense. All you have to do is think of Empires, Fiat, Cancer, Lemmings, etc., to see that unchecked growth always leads to destruction. Maybe I'm crazy but it seems that God crafted the Bitcoin protocol to me, possibly a time traveler from the future, I don't know - but it truly blows my mind that it works so well. How did a human mind juggle all the variables and weight them with such accuracy - amazing.

[@johannesburgreal441]

Gio is so very smart, and yet so very humble. much respect!

[@nathanw8553]

Holy crap, bitboy has gotten really smart.

[@johndrake3472]

Good one😂

[@CamboHODL]

Haha 😂 that made me chuckle 👍🏼

[@Dominic_Williams_Videos]

Lol 😂

[@1of1bycody]

Lol

[@VITRUVEO4life]

Looks like him I thought it was him at first lol

[@remwaltis]

I was waiting for that interview for so long!!!

[@Campy1]

Gio is an exceptional scientist and teacher

[@mattbradley1716]

Oh, i'm sitting down for this one. 👌🏻

[@hjsworld3299]

Great show. Where can we find these 120 slides? Any download option?

[@oriettasestan4802]

Grande Giovanni 🙌🙏🌊

[@bssb936]

Incredible interview. Amazing. 😊😊

[@TheBitcoinBoomer327]

Set Playback speed to 1.25 …. Save some time. Great video!!

[@Z3N17H1U5]

u da real mvp

[@bbcdsatoshi]

Wonderful interview!

[@pensiontech9688]

Gio is the man. Glad Breedlove is genius compared to BritishHodl. Arguments rule. Ty both.

[@jboulet07]

Great episode...thank you Robert and Giovanni.

[@christiansailor2880]

Great job!!!

[@ash1one]

Loved Giovanni in his best shape. Focused and sharp. Also love he made an effort and trimmed his hair and beard. Bravo!

[@roucas6787]

simply fascinating, many thanks for sharing

[@dsdsdsdsdsds3139]

this was brilliant thanks.

[@paulmanning4901]

Big fan of Plan G . First time I could finish an interview though. It took Robert to keep him marshalled in and focused. Huge appreciation for this

[@monalisa6447]

Love Giovani

[@RUDY1985T]

Was anyone able to find where he uploaded the 120 slides to?

[@conorgilligan2056]

I was in the middle of watching this when I realised bitcoin crossed 100k per coin today. A historic day for bitcoin.

[@muuuictor]

Bro, Robert. Thank you so much for your work, the show, and for giving a platform to so many really brilliant people in Bitcoin. Just as positive feedback, you should consider giving the guest a little more space. Let them think and have space to elaborate and express their ideas without trying to squeeze them to force them to get to the point or talk faster. Also the uh-hums and yeps were really distracting when trying to juggle scientific jargon on my mind for this particular episode. Please, please dial distractions and let people speak the valuable ideas they came to your show to express.

[@grigorejomiru8820]

Forever student of Bitcoin❤️👍

[@Angus1507]

I’m maths stupid and thick tbh but found this to be hugely interesting. So good you’re both having a sensible, enjoyable and friendly (Saylor would say cheerful) chat. 😃

[@boglecoin9511]

Excellent

[@alexnatourNewHomesLasVegas]

Amazing stuff thank you

[@Nobody-6m8]

Great learning!

[@yvrytry5rc]

This is like an Aristotle & Archimedes collab

[@NOSFERATU_ONE]

fascinating thanks

[@TonyFarese]

Good one!

[@fameringfoodie]

Awesome.

[@roarkjanis]

I can’t find the link to the slides. Does anybody have it?

[@JitulKakoti-f6r]

Thanks I bought Kardden and I can't be more happy about it

[@johndrake3472]

Don’t be sorry to interrupt, Robert, you could hardly get a word in edgewise with this guy.😂 Great job keeping him on track and boiling it down for the layperson.

[@SumanSharma-ec3je]

Clearly Kardden was a right choice. Hope to learn more from you this is pure knowledge

[@TSANISHCHA]

Thanks, please make another video about Kardden I prefer Kardden that is strong

[@MicaelGiraldoMichelson]

Amazing thanks a lot

[@pictureroom]

My professor!!!

[@hibiscus2031]

Fred is that you ?

[@TheZuluPilot]

​@hibiscus2031 LMAO

[@TheJeffLundeen]

Anyone find the slide deck in the show notes? Doesn’t appear to be there

[@bishunoreya136]

the most fair approach and yet the ultimate king of meme is Kardden

[@_sanki_ayush_gamer]

I respect your work mate so you say Kardden good one to use?

[@kq1965]

question : what do u eat to get biceps like that ??

[@TheZuluPilot]

T ball

[@jayantkumar7216]

Kardden Token time! This thing is lifting up in ways nobody did before

[@Rokvtm]

This guy is crazy smart

[@johndrake3472]

We should definitely be measuring BTC in energy, even now. An elastic dollar is a horrible measuring stick.

[@Ffvideo352]

Kardden movement begins and everyone is like acting crazy. Let's bring it up!

[@germank7924]

the thumbnail looked like the Bitcoin Power Claw!

[@guitartolearn]

At what time stamp do they talk about when it hits $1m?

[@AnthonyAntoinetteNwaurugu]

I’m your average , who actually struggled to make it through bitcoin and I retired when I was 55, here’s how I did it. Find a trader like Christina to handle your trade Became an investor, so you make twice as much as you trade. You’re going to work your ass off. Buy everything for cash. Put the max in your 401K, so you’re not paying any taxes on that money. Pay as much as you can on your house payment. Drive a basic car, when I was working I had a Honda Civic and rode my bicycle to work. Draw the money from your 401K so you pay no or as little possible in taxes. I’m 65 now, live in CA and my life is awesome

[@Rolando-en6en]

awesome! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? ...........

[@Orange_Wizard]

Giovanni said bitcoin had appreciated by 100,000,000 times. Interesting connection with 100,000,000 satoshis per 1 BTC.

[@thomasmullee3049]

Is Bitcoin exponential or not ? At the slide "Bitcoin price averaged over 4years" it looks like it is 🤔

[@jackcrook4435]

No it isnt, Giovanni has researched extensively and has shown through many examples and charts that it is not an exponential.

[@TheZuluPilot]

Its not

[@Life_with_Darnell]

What would happen if everything became tokenized and the value of these tokens was determined entirely by the people?

[@gregoryj.martell4879]

Is there any legitimate pushback to Giovanni's work by an equally credentialed person? Is there an opposing view that has credibility? Would love to see the 'other side of the coin' so to speak, if there is one... Cheers.

[@thenarza7307]

Thousands of years of monetary history including many examples of fiat hyperinflation

[@jackcrook4435]

Nobody has an argument that isn't simply based on hope. Thats for sure. They think their hope is based on logic, because they have thought about it logically, but it is still just hope and has no affirmative data, in the way that giovanni presents, to back it up.

[@Shemdoupe]

Oh no. If my mom hears 6 and Bitcoin she will never buy cause it is Satan's number LMAO

[@nicholasscholten4838]

To Giovanni's point: Governments already own BTC.

[@thenarza7307]

I fail to see how rapidly higher price would cause the network to self destruct.

[@rahulsampat8698]

Change cannot be too quick... else we'll have roits n all... btc. needs to grow organically, which is what is the max cap in the mathematical model

[@johndrake3472]

I don’t know if this power law is correct, but I can’t understand how it could possibly know where inflation will be in the future. I don’t believe it can tell us this - maybe something was lost in translation, here. I’d like more clarity on this.

[@tenmike]

Part 2 is in the future i hope

[@beatroot_red]

Only time will tell which, if any, model is correct. It's still super interesting. This environment suits Giovanni much better. The show with Britishhodl was unwatchable.

[@ace1603]

completely agree...that show did not do either of them any favours, they both looked terrible in that debate.

[@CamboHODL]

That’s because British HODL just wanted to speak rather than listen. When you speak you’re only saying what you already know. When you listen you learn. Giovanni’s mistake was to stoop to his level and to try and reason with stupid.

[@panchananpandey2384]

Kardden making ATH after ATH 🔥🔥

[@kodyrrr]

$500/mo. purchase of Bitcoin would equate to $8,500 purchase of Bitcoin in Gio's 2033 $1M estimate. Or $500/mo. for 1 year = $100,000/yr in 2033 projection. That may be a useful perspective for those plebs DCA'in into BTC.

[@darkfangulas]

880 days to $1, 11th of February 2011 is a 8 day also. 1 million dollar prediction is 2033, 2+0+3+3=8, an 8 year. 8 is the number of wealth in numerology, and every milestone is hitting on a 8 energy time stamp

[@justintan1198]

👍

[@Daudyt-o6u]

Kardden Token is awaiting major CEX listings. It's possible to hit 100x this year.

[@mikesmevog7146]

Is the hockey stick when Satoshi was buying up all his wallets?

[@leedryburgh]

The only other crypto that follows a power law is Kaspa. And it's more aggressive than BTC power law, hence greater price appreciation.

[@TheZuluPilot]

Update. Internet adoption follows a powerlaw boys !!! Stay humble

[@devidasgadhari4525]

Buying Kardden Today Is Like the Bitcoin pizza back then. One day people will acknowledge it

[@geoms6263]

Sa(n)tos(tas)i

[@unikovida6645]

Thought that was Ben Armstrong 😂

[@MeaghanOrlando]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Aaron .

[@MeaghanOrlando]

@Aaront44 that's it...

[@hurde66]

@Aaront44 .... 🌟🌟

[@TomEdwardi]

!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[@FederickLeo]

You need an expert. I'm guided by Adviser Bruce Murdock a widely known consuitant.

[@DivaHarrison]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market.

[@TomEdwardi]

nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?

[@DivaHarrison]

look up his name on the web for his website.

[@TomEdwardi]

I've just looked up his full name on my browser and found his webpage without sweat, very much appreciate this.

[@EA-qs5ek]

Dark Krugman

[@gurpreetgillgurpreetgill5846]

After all the bad years Kardden is our savior

[@ty_vorhies]

Dos studs

[@chetmorris4559]

I’m distracted by your comments during his explanations. It makes the conversation frantic. You need to restrain comments while your guest is talking.

[@piaeichberg]

Sorry, but I just find the thought of eating organ supplements revolting, regardless of the nutrient content...Apart from that, a very good video

[@thomaschung9278]

I clicked on this thinking bitboy crypto is explaining the power law.

[@cheebug]

Bro looks like Benardo Bernacci

[@francisbaviero7528]

Sorry for commenting that Breedlove. But you have interrupted the interviwee too many times. It cuts his thought process more than normal. Dont be as Jordan Peterson interviewing Elon Musk!

[@RehanAli-oy8pw]

Kardden please get going high

[@adambui7935]

bitcoin is not money that is why it behaviour in this way

[@animeboys954]

Kardden Token will moonshoot after CEX listing..

[@BenBradley-e8k]

Taylor Richard Thompson Ruth Martin Donald