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BCB078_CROESUS (Jesse Myers): The First 1% of Bitcoin Adoption

Blue Collar Bitcoin

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Is the Stock to Flow Model Wrong?

The original stock to flow model was predicted a price equilibrium for right now of 55,000. And then he upped it to 100,000 and then he even entertained 280,000 with a different version. But maybe the real answer for right now is that 45 or 50 was the correct equilibrium. We got above it. Now we're below it. And we're going to find equilibrium over the next 18 months before the next having.

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