WHITE LINE: Average Bitcoin price 2X every year (including insane price bubbles). BLUE LINE: Average Bitcoin S2F price between halvings. What if, in the end, both theories are correct and both are happening? I don't like this current price crash, but I'm not bearish at all.
8'000'000'000 people
40'000'000 #Bitcoin users
100/8B*40M= 0.5%
The global Bitcoin adoption is at 0.5%. You can compare this to the internet between 1994 and 1995.
We are still early.