#Bitcoins Stock-to-Flow model

Measures scarcity:

S2F = Total Supply / New Annual Supply

Why is Bitcoin’s Stock-to-Flow going to ∞?

Because one day, no more BTC will be mined.

That means:

Flow = 0

S2F = Stock / Flow → 21M / 0 = ∞

No new supply. Ever.

Nothing gets scarcer than that.

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