Oddbean new post about | logout
 Disagree. 

What’s left to mine is what new adopters are waking up to now. Otherwise they have to shake from existing holders and 70%+ of those coins aren’t moving - gonna need to be 7 figures of fiat to shake 1 coin out of someone holding XX+ bitcoin who doesn’t need to sell.

Diminishing returns doesn’t apply in an accelerating adoption curve.

This cycle is for HODLing. Put “real” prices against coins.

I’m talking Islands in the Caribbean that come with a passport, NYC blocks, energy generators, CRE holding companies etc.

When price accelerates this cycle people won’t dump for inflating fiat. Buyers need to offer real assets if they want to be wholecoiners. 
 👊🧐🔥