Nah. Staying humble and stacking sats, not revealing the size of your stack, and being known for your reputation as a developer, as a financier, as a conference organizer, as a manager, are huge parts of the bitcoin ecosystem. Bitcoin is hard money. And as a result, the ecosystem that builds around it is very low time preference and oriented toward reputation signaling rather than shallow stuff like beauty, lambos, or dominance.

That's all true... but the power competition occurring over ledger writing authority, is from a technical first principles analysis, a physical-power-based dominance hierarchy and resource control structure. With all due respect "nah" is not a valid counterargument. I'm not talking about the size of anyones stack, I'm talking about the real physical power being used to compete over the ledger.

how

I mean, how in the sense than its any different than anything else? hierarchies exist almost everywhere.

Because miners physically compete to establish dominance over ledger writing authority. Worth noting physical power competition is highly egalitarian, noble, and virtuous. Especially when it's non-lethal like Bitcoin is.

Power-law actually

Hehe.. if you are concerned with the price denominated in clown world money... maybe. If you are concerned with how to ensure your permissionless and censorship resistant access to the network.. its all about real physical power.