Now that the monetary inflation rate of #Bitcoin has dropped below #Gold, it will be interesting to see if its market cap will exceed gold according to the stock to flow thesis.
In my view BTC will lag its S2F valuation by 5-10 years, the world simply doesn't move quickly. Custody infrastructure, regulations, trading instruments, asset manager acceptance all takes time.
Bailey Patricia
npub1x5…xlhe9
2024-04-25 00:29:37
Author Public Key
npub1x54ez7ja84z8kurc48np0zm9zsss2e9fy7a5qquyfh6gmxzpn5gsdxlhe9Published at
2024-04-25 00:29:37Event JSON
{
"id": "a9523b474ceed4351afd33b8af5c609323fbc4d3908b8bdc4085bd0dc066151e",
"pubkey": "352b917a5d3d447b7078a9e6178b6514210564a927bb4003844df48d98419d11",
"created_at": 1714004977,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"Gold"
],
[
"t",
"gold"
]
],
"content": "Now that the monetary inflation rate of #Bitcoin has dropped below #Gold, it will be interesting to see if its market cap will exceed gold according to the stock to flow thesis.\n\nIn my view BTC will lag its S2F valuation by 5-10 years, the world simply doesn't move quickly. Custody infrastructure, regulations, trading instruments, asset manager acceptance all takes time.",
"sig": "68d8a5a226c4967e1e77fee0097317162053386d12303de49a7b467940e38f53c857e4cecaac05946123d0455a0ddfd636f13b611de0d81a29b0fa9d223a5d5a"
}