Exponential function:
y = n^x
(most common choice for n is e ~ 2.718)
log y = n’ * x + c
Power function:
y = x^n
log y = n * log x + c
Like Matthew said power law grows sustainably whereas exponential does NOT.
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What Bitcoin Did • Bitcoin Power Law: The End of Exponential Growth | Matthew Mezinskis • Watch on Fountain
Matthew Mezinskis is a macroeconomic researcher, host of Crypto Voices and creator of Porkopolis Economics.
In this episode, Matthew breaks down ...