I brainstormed on the flight home outlines for another few chapters in my upcoming book that I will work to expand.

I may include BIP suggestions as their own chapter. Such as creating an automatic decimal adjustment system somehow tied to the halving so the block rewards will always be divisible by 8 decimals. Other improvements that might be taken at the same time will be considered, such as hypothetically changing the network from base 10 to base 12.

I also believe I figured out the math behind bitcoins exponential growth. It is growing at what appears to be a double exponential, but on a longer time scale than most people see. This cycle will be similar to 2017's rise and crash. But that's just within the overall exponential trend which is directly tied to the exponentially increasing hashrate and the every-4-years exponentially decaying block rewards.

Another chapter analyzing the 4 year FOMO - FUD cycle both from the miner's perspective and from an average person's. Understanding the psychology and forces influencing the decisions of both.

On a side note, my prediction for the next year and what I will personally do: WHEN Bitcoin's market price reaches 3x - 6x it's average mining cost this cycle, that's when I will start to DCA out some of my stack to be able to buy back in when it crashes to below it's average mining cost (typically crashes to about half) late 2026 when I will DCA back in.

This not only grows the stack, but it helps stabilize the price and reduce the pain felt my normies jumping into something they don't understand.

Don't try to time the very top or very bottom, that's gambling, instead understand when it's oversold and overbought and increase your DCA during those periods to account for that and help the network stabilize into the unit of account it is.

That's all for now. Excited where the book is heading!

Reply to this note

Please Login to reply.

Discussion

No replies yet.