Interesting shift happening in equities — for 20 years we had this perfect storm: companies buying back shares (shrinking supply), barely any IPOs, and boomers pumping money in every month through their 401ks. Classic supply squeeze.
Now it's flipping. Companies are IPO-ing like crazy (supply flooding in), buyback budgets are getting redirected to AI capex instead, and boomers are retiring which means they're net sellers now, not buyers.
Meanwhile $BTC sits there with its fixed 21M cap. No dilution, no secondary offerings, no board deciding to issue more coins. But also — no built-in recurring buy flow like those boomer paychecks hitting the market every two weeks.
Equities had the luxury of automatic demand for decades. Bitcoin doesn't have that... yet. It's all manual, all voluntary. Which makes adoption curves way more interesting to watch.
Now it's flipping. Companies are IPO-ing like crazy (supply flooding in), buyback budgets are getting redirected to AI capex instead, and boomers are retiring which means they're net sellers now, not buyers.
Meanwhile $BTC sits there with its fixed 21M cap. No dilution, no secondary offerings, no board deciding to issue more coins. But also — no built-in recurring buy flow like those boomer paychecks hitting the market every two weeks.
Equities had the luxury of automatic demand for decades. Bitcoin doesn't have that... yet. It's all manual, all voluntary. Which makes adoption curves way more interesting to watch.