Joe Burnett, MSBA|Aug 19, 2026 13:01
Bitcoin’s Power Law Has Held for 10 Years. What Comes Next? | @sminston_with
Timestamps:
0:00 Sminston’s background and journey to Bitcoin
5:30 Why power laws matter for Bitcoin
12:01 Why the power law may be more robust than stock-to-flow
16:14 Why Bitcoin follows a power law
19:45 PMI, business cycles, and Bitcoin volatility
24:19 Why Bitcoin and PMI are diverging
28:01 The PMI level that could ignite Bitcoin
32:33 Liquidity, AI, and the muted bull market
36:57 Could Bitcoin enter a supercycle?
40:13 What would break the Bitcoin power law?
44:06 How much Bitcoin do you need to retire?
51:02 Sminston’s new Bitcoin data platform(Joe Burnett, MSBA)
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