Ethereum co-founder Vitalik Buterin criticized the Bitcoin (BTC) stock to flow (S2F) model introduced by PlanB.
The BTC stock-to-flow model got a lot of attention during the bull run as it got several price predictions right. But there were also times when the model faltered in a bull market.
https://twitter.com/VitalikButerin/status/1539167095312850944
While criticizing the S2F model, Ethereum founder Buterin said that the model is damaging. Buterin said:
“The stock to flow model isn’t looking really good right now. I know it’s rude to brag, but I think financial models that give people a false sense of certainty and judgment that the price will go up are harmful. And they deserve all the ridicule. Remember who supported S2F and who mocked him when he seemed to explain the trendline correctly.”
55021
