Bitcoin (BTC) is no longer an asset, says model author ‘Stock-to-Flow ‘

Mr. PlanB recently published a significant overhaul of his stock-to-flow model, which was conducted in accordance with his cross-asset approach. Although the ultra bullish sentiment of the model remains intact, some of the figures change in the new version.

Crypto King goes through stages of evolution

Mr. Plan B highlighted that there are similar ‘stock-to-flow’ models for different assets within the financial world. This allows us to better understand the shortage of Bitcoin (BTC) among its ‘competitors’.

Plan B also announced that Bitcoin (BTC) is approaching the fourth major phase in its history. The first stage was nothing more than a toy, the second stage reached the price of $ 1 and began to be treated as a par with the US dollar. With an increase in adoption and price, BTC evolved to a Gold Parity (XAU).

Now on the brink of the fourth stage, the status of Bitcoin (BTC) is much higher. It is far beyond the concept, e-cash and e-Gold, as it is now a financial instrument. It is also totally unprecedented in terms of global financial assets. Plan B won’t be surprised if a condemned nation decides to use Bitcoin (BTC) for cross-border settlements.

More data used, more noise added

Talking about his model, Plan B revealed that its accuracy has been proven by a significant amount of research, even with more detailed data over more granular time periods. Even its new model does not reconsider the role of scarcity in increasing overall value.

Mr. Plan B mentioned the last two crucial milestones in terms of absolute numbers. For him, it was a billion transactions and a hundred billion net for the market capitalization of Bitcoin (BTC).

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