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Published on Feb 4, 2019
In 1906, an Italian economist, Vilfredo Pareto discovered what is now known as the 80:20 rule, when he noticed that 80% of the land in Italy was owned by 20% of the people. The power law is everywhere. 80% of the revenue from Hollywood is made by 20% of the movies. 80% of global internet traffic goes to 20% of the sites. The power law is at work in the cryptocurrency markets too — the only question is which coins will survive?