Hi!
I finally decided to write down some of my thoughts, which amused me for quite some time, about Bitcoin's behavior and discuss it with you.
So, about 10 months ago I've read
Sovereign Individual. The thing that fascinated me was relationship between power and violence throughout our history. I wondered if there's some natural law that also governs our society since the technological transitions and revolutions played out in a same way. As if the evolution of human species is just a part, or another stage of Darwin's evolution.
After some thinking I found an analogy with laws of thermodynamics and technological revolutions. Since I strongly believe Bitcoin technological revolution, I played with its properties and presented them through analogy with entropy, heat capacity, phase changes.
When PlanB started sharing on Twitter updated graphs of his S2F model, I couldn't resist but to think how they resemble a phase change diagram so I included it in my analogy and expand the similarities since he started talking about different phases of Bitcoin as well.
I maybe sound crazy with this rambling but if you're interested, here's the link on article.
https://medium.com/@LuxBTC/bitcoindynamics-6dae5f4bb3cbI called it
Bitcoindynamics.
I would be happy to discuss it with you, hear your ideas and maybe improve, expand the analogy even further.