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Replying to Avatar Casey R

Here's a log-log chart of the #bitcoin price in relation to global M2. As you can see, the trend is a straight line, indicating a power law relationship. An R squared of 0.9 is astonishing, indicating very high correlation.

This is an important relationship to be aware of. Many prominent bitcoin analysts are beginning to highlight this as global M2 trends upward again.

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Drink Wine & Think Sovereign 1y ago

Thanks these charts. An excellent discussion further outlining the inevitable direction here. The annual expansion is over 12%!

https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000669876620

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