jasontheoriginal on Nostr: Are bitcoin winters over? Theory: Yes I think that we are adopting at a perfect 1 to ...
Are bitcoin winters over?
Theory: Yes
I think that we are adopting at a perfect 1 to 1 year to % global adoption.
Year 16 or 16% in and around '2024. What would indicate that we are moving from the early adopters to early majority?
-first ETFs.
-first companies starting to move to a bitcoin standard.
-first countries starting to adopt bitcoin.
This makes me think that we are going to get insanely fast adoption nothing like we have ever seen. Maxing out in 34 years. Add the fact that we have less and less bitcoin available on exchanges and mining not able to keep up with even 10% of the demand. So price in FIAT will outpatient adoption.
This tells me we will probable never have a big pull back for the next 64 years. Maybe around then we will see a country back one of the last few FIAT currencies in some fashion to slow down BTC adoption. Generating a little new value vs btc before it slowly dies over the last 16 years.
My thought is all FIAT is gone by 2108 but Satoshi has given us an additional 32 years of sats augmenting the mining fees to allow for error.
Tell me why I am an idiot!
Published at
2024-12-09 11:14:47Event JSON
{
"id": "7de85babe8a0f0438b8d66abadc2ed85a6fb1dc36d576c0a425be5f343d757d9",
"pubkey": "4a27cef3e2dd8330e4f221eb1ba7dfbbb29bd0c4ccbf48562ff764e551681fe1",
"created_at": 1733742887,
"kind": 1,
"tags": [
[
"r",
"https://image.nostr.build/293b6d1606db18acc49f490d5343625bdd60faf6b02335bb3185f00df4c4da23.jpg"
],
[
"imeta",
"url https://image.nostr.build/293b6d1606db18acc49f490d5343625bdd60faf6b02335bb3185f00df4c4da23.jpg",
"m image/jpeg",
"alt Verifiable file url",
"x 91d5ea340bdc49a4ad57c1cf742e8f9dd051db1f79223b3071aceb08543f3771",
"size 24916",
"dim 703x451",
"blurhash r4RC[7xcx?-ptSS~%3RP%L.AS_xbadMxs;Rin,ae0eR;MxMy%2V?%MNaf,sZE1n-t6x[n,RiWYWWInn-Sx%fM|IoxHV@bID,E1i{xsWAaiyCt7Rj",
"ox 293b6d1606db18acc49f490d5343625bdd60faf6b02335bb3185f00df4c4da23"
]
],
"content": "Are bitcoin winters over?\n\nTheory: Yes\n\nI think that we are adopting at a perfect 1 to 1 year to % global adoption. \n\nYear 16 or 16% in and around '2024. What would indicate that we are moving from the early adopters to early majority? \n\n-first ETFs.\n-first companies starting to move to a bitcoin standard.\n-first countries starting to adopt bitcoin.\n\nThis makes me think that we are going to get insanely fast adoption nothing like we have ever seen. Maxing out in 34 years. Add the fact that we have less and less bitcoin available on exchanges and mining not able to keep up with even 10% of the demand. So price in FIAT will outpatient adoption.\n\nThis tells me we will probable never have a big pull back for the next 64 years. Maybe around then we will see a country back one of the last few FIAT currencies in some fashion to slow down BTC adoption. Generating a little new value vs btc before it slowly dies over the last 16 years. \n\nMy thought is all FIAT is gone by 2108 but Satoshi has given us an additional 32 years of sats augmenting the mining fees to allow for error.\n\nTell me why I am an idiot!\n\nhttps://image.nostr.build/293b6d1606db18acc49f490d5343625bdd60faf6b02335bb3185f00df4c4da23.jpg\n",
"sig": "86d2231f2717bb5950b7f753b4da5edb9a7448289acfc63e065c50a9d7603f24a74b1f2f5b4cc15b5f180daae14407aa9972c9edf87ad2dbf197ff7330120fe7"
}
