When defined on the set $N_1=\{1,2,3,\cdots\}$ of positive integers a relation $\sim$ such that two positive integers $x$ and $y$ satisfy $x\sim y$ if and only if $x/y=2^k$ for some integer $k$, show that $\sim$ is an equivalence relation.
How do I approach proving that the relation holds? I understand that I need to prove that it is reflexive, symmetric, and transitive, but I don't entirely understand how to prove each case!