stock to flow reduction
The "stock to flow" scam chart people are posting are just wannabe pump and scammers. Such metrics have absolutely zero correlation with Bitcoin as I explained to Anonymint:
As for the whole stock/flow deal, it makes a lot of bad assumptions like assuming the entire planet is willing to be the greater fool for imaginary, valueless bitcoins when they aren't, or that Bitcoin even has a valid Schelling point in the first place when it doesn't. If S/F was valid for digital shitcoins, there wouldn't be a mountain of dead PoW coins already.
Stock/flow only works on an actual commodity that humans need and NOBODY actually needs Bitcoin. It's a fake commodity. If you hoard all 21 million, the entire planet can just ignore you like you don't even exist. If you hoard all the physical silver, the world doesn't get to ignore you and stock/flow actually functions. Tricking the goyim to hoard a fake, valueless commodity instead of a real one might be the greatest Jew scam of all time because it grants you absolutely zero power while pretending it does.
I usually don't answer this kind of messages, but I am being called scammer, so I have to clarify.
Stock to flow analysis comes, cutting long story short, from the digital gold analogy: the one I personally think is the best one to explain Bitcoin to a non bitcoiner.
Gold is a commodity with little industrial case (10% of his value), where much of his current market value come form the fact the offer is pretty inelastic to price, due to natural limitation. This is not true for other supposed store of value where scarcity is due to production chain management, like diamonds, or simply doesn't exists (like silver: otherwise the market cornering by Hunt Bros would have succeeded).
This scarcity caused the gold to thrive as a Store of Value (real purchasing power) trough the centuries. The bet is that in a digitised world, we can find a digital alternative to Gold.
Of course If anyone would buy all the Gold ever mined the value would drop to zero, as the market value of gold would go to zero, as there wouldn’t be any market in the first place (this is true also in the digital realm, where supercentralised shitcoins tend to have no market value because of absence of floating).
Scarcity is not a sufficient condition for Bitcoin to succeed (as you point correctly, shitcoins are scarce too), rather a necessary condition.
Value from the SF model comes from the fact that fitting the model on very early values (2009-2012, before the first halvening) it still holds true and is true on different assets (Bitcoin, Gold, Silver).
I won't elaborate more, as I don't want to indulge in further conversations.
Call me stupid, call me naive, but being called scammer is unfair and not acceptable..