1/ THE HARSH REALITY OF THE 🇸🇻 EL SALVADOR IMF DEAL

El Salvador’s $1.4B IMF deal reveals a nation in deep debt and in dire straights economically.

Public debt hit 87% of GDP in 2024.

The country sought IMF aid to avoid default.

What does this mean for Bitcoin Country? 🧵 2/ Bukele’s security transformation and Bitcoin adoption fueled the belief of an economic boom in El Salvador.

The reality: GDP growth averaged just 2.8% over five years, with 2025 projected lower.

Extreme poverty has nearly doubled since 2019 to 8.8% in 2023.

1) You’ve likely heard of the Power Law and its application for predicting the future price of #Bitcoin.

As George Box said, “All models are wrong, but some are useful.”

@21st_capital dives into the math to determine if it’s signal or just more noise (a 🧵). 2) As a reminder, the Power Law states that a relative change in one quantity creates a proportional change in the other (regardless of the initial size).

Within the Bitcoin ecosystem, we take a look at two unique Power Laws:
- Power Law in Time
- Power Law in Bitcoin Addresses

1) Ever heard of the "Power Law" but couldn’t grasp its connection to #Bitcoin ? 🤯 We’re here to explain!

This week's research with @21st_capital reveals how the Power Law shapes the world around us and helps explain Bitcoin’s explosive potential!

Time for a 🧵 2) Power laws describe relationships between two variables with the form Y = aX^n.

They’re more than just math—they’re everywhere in nature and human-made systems including physics, neuroscience and even linguistics!

1/ Ever been asked to explain how #bitcoin mining works and not been sure how to give a simple answer?

Here's a thread🧵to break it down for ya 👇 1️⃣ What is #bitcoin mining?

Bitcoin mining is the process of validating and adding new transactions to the blockchain, the public ledger that records all #Bitcoin transactions.