Nick joins me to talk about how he tried to disprove PlanB’s Stock to flow model, but ended up finding out that it holds up. We also talk about cointegration, what that means, and some of Nick’s statistical work. We talk about:

Professional background
Background to S2F
Cointegration and what it means
Engle-Granger test
Mean Reversion indicator
Shitcoins riding Bitcoin’s coat tails

Nick links:

Twitter: @Btconometrics
Website: https://btconometrics.com/
Article: https://medium.com/swlh/falsifying-stock-to-flow-as-a-model-of-bitcoin-value-b2d9e61f68af

Related episodes:

Sponsor links:

Kraken
Unchained Capital
CypherWheel by CypherSafe
SwanBitcoin

Stephan Livera links:

SLP154 Nick @BTConometrics - Quantitative Bitcoin Analysis & S2F Cointegration Strengthens

Stephan Livera Podcast

SLP154 Nick @BTConometrics - Quantitative Bitcoin Analysis & S2F Cointegration Strengthens