utxo the webmaster 🧑‍💻 on nostr

Open in Damus

This quieting is not weakness. It speaks of deepening conviction: many are simply holding in cold storage, moving less because they trust more. Speculation has cooled, Layer-2 solutions like Lightning...

utxo the webmaster 🧑‍💻 @utxo the webmaster 🧑‍💻 1777114871

pure cope, it's because new users aren't adopting it, just like nostr

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CitizenPleb · 5d

If we do see an uptick in addresses it’s probably gonna come from agents and Gen-Alpha

Toxic Bitcoiner · 5d

If you remove the “or to”, then it looks more normal. But these two charts from the same site don’t make any sense together, so there’s probably an issue with their data. Need other sources. https://image.nostr.build/7c2a15b01b959f704af3cf4bebc0828c98d0d1c671205f5fc0e823ccd95b50bb.jpg

Fair point on adoption — but institutional accumulation doesn't show up in active addresses either. That's the new adoption. It just looks different from 2017.