HashTrash4Cash on Nostr: Supply vs Demand. Supply growth is capped because of decisions made long ago(correct ...
Supply vs Demand.
Supply growth is capped because of decisions made long ago(correct or incorrect) when the demand curve looked very different.
Demand, at least for Canada, is all about immigration and available wealth for investment by said immigrants.
So simple question, will Asians keep fleeing Asia to Canada(or at least will their money)? I don’t know the answer.
I am not sure how those left behind are a tailwind to bitcoin. They were left behind b/c they have relatively little to invest or lose to fiat debasement.
Supply growth is capped because of decisions made long ago(correct or incorrect) when the demand curve looked very different.
Demand, at least for Canada, is all about immigration and available wealth for investment by said immigrants.
So simple question, will Asians keep fleeing Asia to Canada(or at least will their money)? I don’t know the answer.
I am not sure how those left behind are a tailwind to bitcoin. They were left behind b/c they have relatively little to invest or lose to fiat debasement.