Money or Debt Newsletter

Grand Unified Theoretical Framework for Bitcoin #2

Testing against bubbles and waves

Oct 29 • 

Stephen Perrenod

6

2

A Proposed Grand Unified Theoretical Framework for Bitcoin

Kinetic, Forcing, and Restorative components of Power-Law Stability

Oct 5 • 

Stephen Perrenod

17

5

September 2025

Is Bitcoin Alive or an AI?

Bitcoin is life-like and symbiotic with humanity

Sep 27 • 

Stephen Perrenod

3

2

The Alchemy of Bitcoin

Newton would be minting if he were alive today

Sep 18 • 

Stephen Perrenod

9

1

Bitcoin as Cosmological Dark Energy

Given the power law trajectory, its dominance soon after mid-century seems inevitable

Sep 12 • 

Stephen Perrenod

7

2

2

Bitcoin and Supermassive Black Holes

One Bitcoin year like 830 Million cosmic years?

Sep 5 • 

Stephen Perrenod

6

2

1

August 2025

Bitcoin Bubbles and Crashes collectively behave as Power Law

True for minor bubbles as well as the major ones

Aug 18 • 

Stephen Perrenod

11

1

2

Bitcoin’s Velocity Power Law

Derived not from Price but from Velocity

Aug 4 • 

Stephen Perrenod

9

3

2

July 2025

Bitcoin Bubbles and Anti-Bubbles

Are they Log Periodic?

Jul 14 • 

Stephen Perrenod

13

2

1

June 2025

Approximate Entropy of Bitcoin

Indicates strong trend predictability and also a maturing market

Jun 28 • 

Stephen Perrenod

8

1

Does Difficulty Lead Bitcoin Price?

For over a decade, but not of late

Jun 11 • 

Stephen Perrenod

7

2

1

May 2025

Bitcoin’s Wealth Distribution

Not really a power law of wealth, yet

May 20 • 

Stephen Perrenod

3

2