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@stewbits22 more from that month

What is stock to flow ratio? It is the amount of stock of an item like gold relative to its annual production or supply. Assets like gold have very low production levels compared to stock levels. So a doubling in the price of gold will only increase the production of gold by a small amount relative to stock held. This makes gold an ideal currency. Bitcoin and Bitcoin cash share this quality,only proof of work coins, sorry proof of stake coins, have this quality and then only those coins whose supply cannot be influenced by a small group of people. Interestingly in 2022 the stock to flow ratio of Btc and BCH becomes higher than gold. See this articlle for details https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

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