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The Stock to Flow Model Misses a Lot
A lot of people like which says when there's a Bitcoin halving, when the amount of Bitcoin that is produced is cut in half at a hash rate, that is very good because the supply is diminished. And historically, the right after a halving, it's the beginning of a mega Bitcoin bull market. But we all know now that the chart is just this straight up. No other market we know is so simplistic. You would never do a stock to flow model on gold.