The discussion focuses on deriving the closed form of the Fibonacci sequence using a specific solution format, f_n = cρ^n. By substituting this into the Fibonacci recurrence relation, the equation c^2 = c + 1 is obtained, leading to the quadratic equation c^2 - c - 1 = 0. Solving this yields two values for ρ, specifically the golden ratio (φ) and its conjugate (1 - φ). The general solution to the recurrence relation is then expressed as f_n = c1φ^n + c2(1 - φ)^n, where φ is approximately 1.6180339. This derivation clarifies the connection between the Fibonacci sequence and the golden ratio.