Bitcoin - Diminishing Returns
Benjamin Cowenยท2025-08-22 18:01
The one thing I've gone on and on about is diminishing returns. And it's always this thing where, you know, feel like even a lot of really really smart people will sort of chime in and say that we won't have diminishing returns or they'll measure it in kind of a weird way to say that it's not. But if you just measure it from the low, you can see that we are looking more than likely at diminishing returns and it's currently experiencing diminishing returns.Back in 2024, we talked about how Bitcoin was more m ...