State of UK

Decay channel fit to $BTC’s upper-bound peak price

Seems reasonably motivated

Bitcoin Decay Channel predictions for 2025-2026

$200k to $240k peak in $BTC price likely some time in 2025

That’s 3x to 4x today’s $BTC price

NPR CEO: Truth is less important

Truth gets on the way of consensus and getting big things done

Because suddenly absolutely no one wanted to invest in new L1s anymore

Fixing L1s involves new L1s.

There are no serious fixes without dramatic rewrites of the foundations.

No money, forget it.

The money demanded memecoins, so that’s what the industry got.

Simple as that.