One of the most important charts to understand Bitcoin’s nature.
Would be better in log
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agreed #[4]
ok
Nope. Linear shows you the reality much more clearly.
Log would show diminishing returns, which is more accurate. The effect was larger in the beginning and has gotten weaker each halving since.
Not the real story.
So altshits absorbing capital meant for bitcoin don’t make halvings weaker in your opinion?
Lol no.