<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div><span style="font-family: Arial; font-size: 13px;">Brent Allsop <brent.allsop@canonizer.com> wrote:</span><br></div><div style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><br></div><div style="color: rgb(0, 0, 0); font-size: 12pt; font-family: 'times new roman', 'new york', times, serif; background-color: transparent; font-style: normal;"><span style="font-size: 12pt;">> I want a term that would
become at least as recognized and understood as the "Moores Law"
term has become, in everyone's household and common
conversations. </span><br></div><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><div class="y_msg_container"><div id="yiv5673871041"><div><div class="yiv5673871041moz-cite-prefix">> That is why I'm specifically asking if "Cyrpto
Coin Law" is better, or is "Law of the Crypto Coin" more likely to
catch on...</div><div class="yiv5673871041moz-cite-prefix"><br></div><div class="yiv5673871041moz-cite-prefix">The word "law" implies a degree of certainty that simply does not exist in the financial markets, at least with respect to price trends. </div><div class="yiv5673871041moz-cite-prefix"><br></div><div class="yiv5673871041moz-cite-prefix">Bitcoin is not a phenomenon in the natural sciences, where the term "law" often seems appropriate. We can speak for example of a law that defines how objects accelerate as they fall toward the earth. But bitcoin's price action is not like on object falling through space. It is a phenomenon in economics, a branch of the social (not the natural) sciences. <span style="font-size: 12pt;">There is no economic or financial "law" that can tell us that Bitcoin will appreciate in value at any particular rate or range of rates.</span><span style="font-size: 12pt;"> Your search for such a law is I think
merely wishful thinking on your part.</span></div><div class="yiv5673871041moz-cite-prefix"><br>There are of course some general principles of economics that might be called laws, for example the law of supply and demand, but in themselves such laws tell us nothing about which way the market will go for any particular commodity.<br><br></div><div class="yiv5673871041moz-cite-prefix">Gordon</div><div class="yiv5673871041moz-cite-prefix"><br></div><div class="yiv5673871041moz-cite-prefix"><br></div></div></div></div> </div> </div> </div></body></html>