Bitcoin: Inflation Hedge or Adoption Curve?

Show Notes

In this clip, Matthew tackles the big question: Is Bitcoin’s price driven more by inflation or by adoption? Using updated monetary base data and log-scale charts, he explains that global base money grows exponentially, but Bitcoin—when compared to that base—still tracks a power curve, with a 96% R² fit. Matthew shows that when you divide Bitcoin’s market cap by the global monetary base, the result isn’t exponential—it’s still a power function, because Bitcoin hasn’t yet reached full adoption. He argues that while inflation matters, network adoption remains the primary driver of Bitcoin’s price trajectory. Chapters: 00:00:13 - Bitcoin Market Cap and Money Supply 00:02:11 - Hyper-Bitcoinization Possibilities Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis. Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/ Host: Matthew Mezinskis https://porkopolis.io Twitter: https://x.com/crypto_voices?lang=en Show content is not investment or financial advice in any way. #bitcoin #cryptocurrency #economics