#596: Q4 2024 Monetary Base Update with Matthew Mežinskis
TFTC: A Bitcoin Podcast
Power Dynamics in Bitcoin Growth
This chapter analyzes the growth patterns of Bitcoin, contrasting its power curve model with the traditional S-curve of technological adoption. It emphasizes how network dynamics and capital investment influence Bitcoin's price and market cap, while also drawing comparisons with Facebook's growth. The speakers argue for a nuanced understanding of Bitcoin's adoption, warning against the impatience for exponential growth and highlighting the importance of a gradual transition to a Bitcoin standard.
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