Dossier
fiat debasement
Coverage of fiat debasement in the Nexus archive.
- Say the power law theory is predictive and that Bitcoin is here to stay for the long haul. The power law must break and turn into an exponential growth curve eventually, right?
The article speculates on Bitcoin's long-term trajectory under the power law theory, suggesting it may eventually transition to exponential growth. It questions whether Bitcoin's forward returns will stabilize at a rate combining GDP growth, fiat debasement, and natural deflation, implying sustained but lower volatility.