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Buterin Criticizes Stock to Flow Model with Strong Words

Buterin criticizes the Stock to Flow model with harsh words. Vitalik Buterin, one of the co-founders of the leading altcoin Ethereum,

Yazar: Eylem Özer

Yayınlanma: 23 Haziran 2022 09:02

Güncellenme: 7 Kasım 2024 09:03

Buterin Criticizes Stock to Flow Model with Strong Words

Vitalik Buterin, the co-founder of ETH, who has the title of the youngest crypto billionaire in the world in the past years, criticized the Bitcoin (BTC) stock to flow (S2F) model and warned investors.

Buterin criticizes the Stock to Flow model with harsh words. Vitalik Buterin, one of the co-founders of the leading altcoin Ethereum, made evaluations about the Bitcoin (BTC) stock to flow (S2F) model introduced by PlanB. https://twitter.com/VitalikButerin/status/1539167095312850944?s=20&t=lcxq4ADAwDJtdadrnxHxwg Making a statement on his Twitter account, Buterin criticized the model with harsh words and stated that it was necessary to be careful who introduced it. Buterin made the following statements in his post, stating that the model would do more harm than good:
“The stock to flow model isn't looking really good right now. I know it's rude to brag, but I think financial models that give people a false sense of certainty and judgment that the price will go up are harmful. And they deserve all the ridicule. Remember who supported S2F and who mocked him when he seemed to explain the trendline correctly.”
      Source: Coinkolik
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