Kosta Ouzas explains Bitcoin's two operating regimes: a "below the power law" phase shown as a blue line, and a "core power law" regime where the true power law appears as a green line. The model distinguishes between observed and actual power-law behavior.
Power lobby coin model. The idea is that, you know, we can look at Bitcoin like if it was made of two regimes. I mean, it is a regime where we are below the power law. You know, that is the blue line. And we call this a core power law regime. And. And basically that means the true power law during this regime is this green, dark line.
