https://fountain.fm/episode/jePspvxO2Xdq2yVl2cSp Finally finally finally someone publicly says that “diminishing returns” is the sacred cow to be slaughtered / path of maximum pain this next cycle. The consensus that DR from now on is a guarantee is far too loud. Thanks nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs

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Discussion

Are you talking about the idea that the price appreciation will decrease with every cycle?

What's the logic behind it though?

Yes. I’ve posted about this a lot. I’d say liquidity begets liquidity and eventually Bitcoin should destabilize then eat the bond market, which will make it act like a Veblen good.

We won't need prices where we're going 🌙

Damn it was good!👍

"Bull crab is over" yeah yeah