Odaily Planet Daily News BTC infrastructure development company Blockstream co-founder Adam Back wrote on X: “In my opinion, if we transition gradually into the sudden phase, the influx of new users will intensify the adoption effect, rendering the ‘diminishing return’ Halving theory ineffective, reaching the top of the S curve, just like the 2 trillion-dollar addressable market estimated by BTC pioneer and first BTC recipient Hal Finney (@halfin) in January 2009. BTC’s S curve may now enter a steeper period.”
Back added, “My guess is that the downward trend of returns in the next 2-5 years may break upward.”
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Adam Back: The trend of BTC's "decreasing returns" may break upwards in the next 2-5 years.
Odaily Planet Daily News BTC infrastructure development company Blockstream co-founder Adam Back wrote on X: “In my opinion, if we transition gradually into the sudden phase, the influx of new users will intensify the adoption effect, rendering the ‘diminishing return’ Halving theory ineffective, reaching the top of the S curve, just like the 2 trillion-dollar addressable market estimated by BTC pioneer and first BTC recipient Hal Finney (@halfin) in January 2009. BTC’s S curve may now enter a steeper period.” Back added, “My guess is that the downward trend of returns in the next 2-5 years may break upward.”