In the spirit of "all bitcoin models are wrong, some may be useful," here's my model for #bitcoin adoption.
Bitcoin Adoption Phases:
Exponential Phase (Jan 2009 to Jan 2024): 1% of the adoption was led by those who front-ran Wall Street. Congratulations if you were part of this cohort of#maximalists (toxic or not), #psychopaths, and #educators (special shout-out to the authors and podcasters) as this will NEVER happen again! You are part of history! 👏 👏
Linear Phase (Jan 2024 to Jan 2034): 9% of the adoption will be led by Wall Street, Institutions, Family Offices, Companies, Pension Funds, and nation-states. In these 10 years, bitcoin will become the universal RISK-OFF asset and generational wealth 💰 💰 will be amassed (during this phase wealth is still measured in #fiat) by those who have done their homework (#PoW) to reap the benefits of a price increase from $44K to $2M.
Asymptotic Phase (Jan 2034 to Jan 2054): 89.9% of the adoption will be led by the masses as Bitcoin will be "the defacto choice." These 20 years will catapult humanity to greater heights as the world will be on a Bitcoin Standard. Nation-states will not be able to readily fund wars, the world is mostly at peace! 🕊 ❤️☮
https://image.nostr.build/82c827e2ef1e6ca7440b5904cbf9dfa17be49d14cf3cd669b18caf9d7a80e3a8.png
Remember to add a DATE to all “dollar” values.
Fiat inflation means 2024 dollars are much different than even 2020 dollars.