Nice episode. 1. Is the Hodl/Hodl S relevant, because as price goes up, new supply will come to market ?. The mining rewards are quite small after this halving. 2. On the ETF chart, should you add MSTR, since they are the largest holder of BTC.
Good questions! Yes, in my opinion, it is relevant as it's a counterforce to diminishing returns. The fact that the Halving is less relevant moving forward means digital scarcity is materializing. The observable trend here is that Illiquid Supply is outpacing new supply issuance. Indeed, as price goes up new supply comes to market, but more and more of that supply is moving into hands of conviction. If we wouldn't have had the 4th halving, an additional 1M Bitcoin would enter the market the coming years as extra sell pressure. Instead, supply is moving into Hodlers with little intention of selling (like Saylor). Agree MSTR would be a good addition!
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Nice episode. 1. Is the Hodl/Hodl S relevant, because as price goes up, new supply will come to market ?. The mining rewards are quite small after this halving. 2. On the ETF chart, should you add MSTR, since they are the largest holder of BTC.
Good questions! Yes, in my opinion, it is relevant as it's a counterforce to diminishing returns. The fact that the Halving is less relevant moving forward means digital scarcity is materializing. The observable trend here is that Illiquid Supply is outpacing new supply issuance. Indeed, as price goes up new supply comes to market, but more and more of that supply is moving into hands of conviction. If we wouldn't have had the 4th halving, an additional 1M Bitcoin would enter the market the coming years as extra sell pressure. Instead, supply is moving into Hodlers with little intention of selling (like Saylor). Agree MSTR would be a good addition!
Hi root, how do I unsubscribe to your newsletter?
Newsletter subscriptions are managed through Substack. You can log in to Substack and manage all your newsletter subscriptions. Additionally, there's an unsubscribe button in every newsletter. ✌️