Jan 29, 2022
Nice article! Totally agree that this is transient. And as you mentioned, how are supposed to arrive at consensus on price when the use cases are so early and speculative?
One question I had on the following statement: "New entrants — the surge in the number of investors and traders into the market has shifted the supply curve, which drives down the price." I always think of new entrants driving up the price (increased demand). Am I seeing this wrong?