Expressing $b^x$ as $e^{x \ln b}$

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Can anyone explain the following equality please?

$$b^x = e^{x \ln (b)}$$

I've verified it with values but I can't think of what the proof for this would be.

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$$b^x = e^{x \ln (b)}$$ take $\log_{b}{} $ both sides $$\large \log_{b}{b^x} = \log_{b}{e^{x \ln (b)}}\\$$ $$x\large \log_{b}{b} = x \ln (b).\log_{b}{e}\\ \to x\large \log_{b}{b} = x \frac{1}{\log_{b}{e}}.\log_{b}{e}\\ x \times 1=x \times \frac{\log_{b}{e}}{\log_{b}{e} \\x=x } \checkmark$$

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$$b^x=e^{\ln(b^x)}=e^{x \ln b}$$

Having used the properties $x =e^{\ln x}$ (exponential and natural logarithm are the inverse function of each other) and the property of the logarithm $\ln(a^b)=b \ln a$.

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Following @dxiv's comment, we have the following:

  1. By definition of logarithm, $$b=e^{\ln b}$$
  2. So, $$b^x = (e^{\ln b})^x$$
  3. Using that, for any real numbers $a,b,c$, we have $$(a^b)^c=a^{b\cdot c}$$
  4. We arrive to $$b^x\ =\ (e^{\ln b})^x\ =\ e^{x\cdot\ln b}\,.$$

Also note, that - as @Jack D'Aurizio commented - usually this formula is the definition of the exponential $b^x$ for general real numbers (for rational exponent $x$, we can extend the familiar definition, but for real exponents we need to use either limits or this formula).