Plan B Drops New Cross-Asset S2F Model
Plus new Libra Association members and a departing CFTC crypto ally
Happy Tuesday, Blockfolians
One of the best known (and most controversial) models in the crypto space is the “Stock to Flow” model introduced last year by Plan B. The central basic hypothesis of the model, as described by the originator, is that “scarcity…directly drives value.”
While the model has its detractors, it has also attracted some prominent believers as well.
PlanB @100trillionUSDMy third #bitcoin article! "Bitcoin Stock-to-Flow Cross Asset Model (S2FX)". Looking at stock-to-flow, phase transitions, cluster analysis, silver and gold. https://t.co/cQEv7Qvu64
You can read Plan B’s article here, or for a Twitter-thread length explanation, check out this excellent summary.
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Highly Relevant Reading
Pro-crypto CFTC commissioner Brian Quintenz will not seek another term
New bitcoin-on-ethereum project tBTC begins its public launch
The Libra Association has a new member in Checkout.com
OpenLaw launched the first ever legal DAO for distributed VC investing
One challenging aspect of understanding the total market cap of a cryptocurrency is the lack of clarity on how to measure supply. Coinmetrics offers a new solution for exactly that.
CoinMetrics.io @coinmetricsIn this week’s State of the Network, @CelermajerB explores the application of Coin Metrics’ Free Float Methodology to a number of top cryptoassets. Free Float more accurately represents asset liquidity and enables investors to make more informed decisions https://t.co/lTh5WDrElG https://t.co/dXE6EQqqOx
Dave Portnoy continues on his journey to be a fiat questioning, stock-market-manipulation missionary.
A Really Big Number We Should Be Paying Attention To
That’s daily trading volume for FTX, an exchange that launched just last year and which made waves announcing the opening of a US spot exchange.
The sound of brrrrr.