Part 5/15:
Supporting the narrative that scarcity drives value, Jesse references Saine’s thesis and the "Bitcoin Standard," emphasizing how gold historically emerged as a monetary asset because of its limited supply and Difficulty to produce. Bitcoin inherits this property, making it uniquely suited for the digital age.
The Growth Trajectory and Valuation Models
Jesse explores how Bitcoin could grow by capturing parts of the global asset pools, especially as assets like bonds and fiat currencies become less reliable due to inflation and government debt crises.