Stock to Flow With Bitcoin

Most people are still dismissing the stock to flow model as if well, you know, it's just another financial model. But many of the people dismissing it are dismissing it without even understanding, without even accepting the possibility that it could be correct. We can take a variable that is completely exogenous that was invented before Bitcoin came into existence. And then we take that variable and we plot it against the price. And we see that essentially the relationship is extremely strong and it holds for many, many years. This is really, this is really, I think the best, well, the most, well, I don't know, could be the most mind blowing thing about Bitcoin.