With Bitcoin trading above $55,000 USD, a common question is whether Bitcoin is now too expensive to buy. While the answer primarily depends on one’s investment goal, time horizon, risk appetite and so forth, it really also depends on our understanding of Bitcoin. Apart from the original Whitepaper by Satoshi Nakamoto, the work by PlanB can be instructive. PlanB’s Stock-To-Flow Model has been getting a lot of attention these days, mostly due to the consistent […]