Yes, less and less people seeking fiat gains, more and more seeking freedom from fiat

Bullish on the enlightenment

birdeye21

She says it’s not her base case, but there is a case nonetheless. 

 pointing to Bitcoin’s illiquid supply, which has been increasing steadily since 2020.

bitcoin

Lyn Alden makes the case *against* diminishing returns

She says it’s not her base case, but there is a case nonetheless. @TheRationalRoot [said something similar recently](https://www.whatbitcoindid.com/podcast/wen-bitcoin-bull-market) pointing to Bitcoin’s illiquid supply, which has been increasing steadily since 2020. 