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At 2:30 PM PST we will have a new episode of the "Bitcoin Critical Pulse" with Giovanni and Chris.
We are going to look at the Bitcoin price action using principles from Complexity Theory and science of criticality.
Building on physics, self-organized criticality (SOC) is a theory for how complex systems naturally evolve to a critical state without external fine-tuning. Introduced by Per Bak in the 1980s, it explains phenomena like earthquakes, avalanches, or forest fires, where energy builds up slowly and releases in bursts following power-law statistics (e.g., the Gutenberg-Richter law for earthquake magnitudes).In SOC models, like the sandpile model, adding "grains" (inputs) leads to avalanches of varying sizes when the pile reaches a critical slope.
This criticality emerges from local interactions, promoting adaptability and efficiency in systems ranging from biological evolution to stock markets.
Bitcoin is an ideal system to be studied using these tools.
Join us here on X, Twitch and YouTube. Links in the comment.