- 22 Dezember 2017
- 208
- 124
Scarcity and Stock-to-Flow
Dictionaries usually define scarcity as 'a situation in which something is not easy to find or get', and 'a lack of something'.
"People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs."
Dictionaries usually define scarcity as 'a situation in which something is not easy to find or get', and 'a lack of something'.
"People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs."