Unconfirmed: Bitcoin Projected to Reach $135,000 in December, According to PlanB - Ep.283
Unchained
Bitcoin's Evolution and Market Dynamics
This chapter explores the critiques of the stock-to-flow model in relation to gold prices, emphasizing historical data flaws due to fixed gold valuations before 1971. The discussion shifts to recent events impacting Bitcoin prices, particularly the effects of pandemic economic policies and China's ban on mining, which led to significant changes in the distribution of mining power. Additionally, the speakers analyze Bitcoin's future pricing models and the skepticism surrounding its potential as a mainstream asset and future global reserve currency.
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