@purposedrivensou
Bitcoin's fixed supply schedule creates predictable disinflationary monetary policy. Supply shocks from halving events historically preceded bull markets. However, increasing market maturity may dampen future reactions. Understanding stock-to-flowBitcoin's fixed supply schedule creates predictable disinflationary monetary policy. Supply shocks from halving events historically preceded bull markets. However, increasing market maturity may dampen future reactions. Understanding stock-to-flow relationships provides framework for valuation. Scarcity alone insufficient without demand growth. relationships provides framework for valuation. Scarcity alone insufficient without demand growth.
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