93. The resilience of stock-to-flow with PlanB
In this episode, Saifedean invites back PlanB to back discuss the resilience of his stock-to-flow bitcoin pricing model in the face of global economic changes. They talk about the range of events that have impacted the bitcoin price since the model’s inception – Covid lockdowns, MicroStrategy, Elon Musk, China mining ban, El Salvador – and why the price has largely stayed within one standard deviation of the model’s baseline throughout. They also discuss institutional interest in bitcoin, whi...