To me, this chart is amazing
And I am not just talking about in crypto land.
The fact that bitcoin has followed this stock to flow model so closely, basically since its inception, is downright amazing.
Sees:
(Source:
1230171759027970049) twitter metadata:VmFpbHNoaXJlQ2FwfHxodHRwczovL3R3aXR0ZXIuY29tL1ZhaWxzaGlyZUNhcC9zdGF0dXMvMTIzMDE3MTc1OTAyNzk3MDA0OSl8 ~~~
It has been appreciating as a nearly perfect store of value over time.
It doesn't move in lockstep hour by hour or day by day, but the trend is definitely there.
It's followed with over 90% accuracy since inception.