Raoul Pal|Oct 02, 2026 18:22
I love this chart.
In 1993 the German electricity companies said renewables could never supply more than 4% of the country's power... that was the ceiling. Last year they supplied 55.9%. Fourteen times the ceiling.
It's the psychology of incumbents meeting exponential change. They extrapolate from the flat part of the curve, and the ceiling turns out to be a speed bump. Same story in EVs, in crypto, in AI...
Impossible, then inevitable.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink