-
@ Cyph3rp9nk
2025-03-03 08:41:01What no one sees is that the liquidity cycles have aligned very well with the 4 year cycles of Bitcoin, maybe Satoshi knew this, Satoshi was an expert in monetary theory. On the other hand the decreasing returns are natural, to move the price of Bitcoin more and more money is needed as its capitalization is increasing. Only a hyperinflationary event would break this, the global money supply (m2) has a fairly steady growth, around 6-10% per year.