Peer-Reviewed Paper on Bitcoin Price Power Law Published in Elsevier Journal

Bitcoin News said on X that a paper titled “A Mechanistic Derivation of the Bitcoin Price Power Law: Network Adoption Dynamics and Generalised Metcalfe Scaling” has been formally published in Elsevier’s journal Nonlinear Science after peer review. According to Odaily, the paper was written by @Giovann35084111 and @moneyordebt. The paper argues that Bitcoin’s long-term price power law can be derived from network adoption dynamics and generalized Metcalfe scaling. It also states that this provides a theoretical basis for one of Bitcoin’s most disputed valuation models.