
36. Michael Saylor, stock-to-flow, and praxeology
The Bitcoin Standard Podcast
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The Importance of Stock to Flow in Economics
Gold is not the most scarce precious metal. There are two or three other precious metals with very good properties when it comes to industry and so on that are more scarce. The stock to flow asset might be how can i say the golden metric to measure constants and variables in economics, he says. bitcoin is the first thing that can be quantified in economics in a way that approaches mathematical quantification in the physical sciences because it's the first constant.
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