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jordan / Jordan Dejno
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2025-01-30 14:20:58

jordan on Nostr: It’s fascinating how many people still subscribe to the diminishing returns theory ...

It’s fascinating how many people still subscribe to the diminishing returns theory of Bitcoin—despite the overwhelming evidence to the contrary.

100% of banks don’t hold it.
97%+ of countries don’t hold it.
99% of publicly traded companies don’t hold it.
99% of private companies don’t hold it.
99% of individuals don’t hold it (in self-custody).

And yet, despite this massive under-adoption, Bitcoin has already reached six figures.

Even more incredible? It has been the best-performing asset in 11 of the past 14 years.

I try not to be a mega bull, but when you zoom out, does an 8-to-9 figure USD-to-BTC conversion really seem that far-fetched?
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