PSA
A 25% CAGR means doubling in 3 years
A 40% CAGR means doubling in 2 years
Anyone saying current BTC price action is suppressed is a dopamine fiend with high time preference
25% CAGR for a decade = 2^3.3=10x
40% CAGR for a decade = 2^5 =32x
It’s fine guys
@npub1sfhf...ymqt really enjoyed your recent podcast
The whole premise that you landed on that dollars aren’t really money is exactly what I lay out here
What I fundamentally don’t understand about the BTCTC’s is why an investor would willingly pay a forward looking yield aggregation premium for a largely unproven strategy
These companies become the biggest target for state seizure and investors will likely have a gap in time between where they are “cashed out” in worthless dollars and when they can acquire BTC again.
Exchanges may be forced to bottleneck on ramps and off ramps. How could one quantify this risk? I don’t know but I’m going to try lol
TLDR is stay humble and send sats to self custody
@HODL@Jeff Booth preview of final chapter of my new book, now on Amazon
Thank you for all that you do for Bitcoin and the world. You are not the only virtuous stewards left but you are the tone setters for where we are going