This is one of the most amazing charts in all of Finance

in #bitcoin4 years ago

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.