Interesting read, thanks user.
KNOWLEDGE Bitcoin Stock-to-Flow Cross Asset Model
>stock-to-flow
9/10
tl;dr the ravings of a mad poo in loo pajeet everyone
To expand on this, you're saying it's still mostly an censorship resistant e-gold, and growing as an uncorrolated asset.
Aren't these two concepts the same thing? Its matured into its own asset class entirely, similar to the precious metals market. BTC is now a ticker on most serious financial news sites. This isn't a new phase as it is a growing reality of complete cryptocurrency take over because of all the growing uses combined.
go back to twitter faggot
BTC is shit
Its time has come and gone.
Time the king dies.
Que big scary images... woooo scary
it has many properties. the larger the marketcap and more features it co-opts the more properties it will have. for instance, reserve currency is just a meme property at the moment, but when we get to the marketcap size of a nation state, that meme will become a more prominent narrative.
I was hear before I forked into twitter
do you fuck your cousin with that hell spawn, heretic?
Does the S2F model hold up fir other cryptocurrencies as well? Why or why not?
Also, what sort of phase transitions did gold or silver go through? I'm not seeing any reason why Bitcoin is likely to undergo more phase transitions, just a correlation between market value amd stock-to-flow. Clusters appear to form, sure, and I think comparing it to other assets is a good idea, but I don't see the benefit of labeling each cluster as a different phase transition for BTC.