Understanding Bitcoin - Fidelity Investments
Mar 02, 2021 · bitcoin a scarce asset—unlike, say, fiat money, which it seems to me central banks are prepared to print ad infinitum. We will return to this in a moment, but let’s look first at the bitcoin Stock-to-Flow (S2F) pricing model. S2F is a popular valuation approach among bitcoin’s most vocal proponents. The model ................
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