DireMunchkin on Nostr: Love this question! Yes, if I had to guess. The reason it's appreciating so fast now ...
Love this question! Yes, if I had to guess. The reason it's appreciating so fast now is because money is moving into Bitcoin from other assets with a much larger capital base. After hyperbitcoinization Bitcoin will be the largest pool of capital so this'll no longer be the case. Then it'll go up like 3-5% a year or something in line with real GDP growth.
Although at that point the account denominator would probably have flipped, so you wouldn't say that "Bitcoin has gone up by x%" you would say "prices have decreased by x%".
Published at
2024-06-17 17:10:38Event JSON
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