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.
HashTrash4Cash /
npub10m…feyqz
2023-03-06 04:30:35
in reply to nevent1q…n635
Author Public Key
npub10mehg35533f42anc4uvxxg907tkfesanxqxqmhte7a5uxeun0zhq7feyqzPublished at
2023-03-06 04:30:35Event JSON
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"pubkey": "7ef37446948c53557678af186320aff2ec9cc3b3300c0ddd79f769c3679378ae",
"created_at": 1678077035,
"kind": 1,
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"content": "Supply vs Demand. \nSupply growth is capped because of decisions made long ago(correct or incorrect) when the demand curve looked very different. \nDemand, at least for Canada, is all about immigration and available wealth for investment by said immigrants. \nSo simple question, will Asians keep fleeing Asia to Canada(or at least will their money)? I don’t know the answer. \n\nI 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.",
"sig": "86461ca05455aaee247785bee71d679ed89aed994b64f9813ecd5b13cc75a1f36c8ab9face2c6dd6cdf0013d0ebbd7c75c20373ae57680a38b2c1ef7409ddcf2"
}