halalmoney on Nostr: *The supply shock matters, but its impact depends on the structural adoption phase it ...

*The supply shock matters, but its impact depends on the structural adoption phase it coincides with—the size of the addressable market, the nature of new entrants, the macroeconomic context, the available use cases. What happens when you knock over the domino depends where they other dominoes are standing. A halving during sovereign adoption will have different magnitude effects than a halving during retail speculation, not because the mechanism changed but because the adoption phase changed.*

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I put some thinking into the next couple of decades, and what they say about what we should be doing now. What do you think?

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