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@ BoomTown
2025-02-16 07:15:19
Absolute scarcity and the halving results in fewer coins being competed for on the supply side all the while more demand is coming into the market. The price moves should be exponential and - yes - we should approach “infinity” (as you say it) relatively quickly vs. slowly grinding there via the power law.
Why would anyone who understand bitcoin own real estate as an asset for storing value, for example? Why would anyone own a treasury that has a 4+ year duration? All that capital is coming for bitcoin. All the while, just a little less than 95% of bitcoins are already in circulation. And they’re increasingly in hodlers hands.