Last month, German state-owned bank Bayerische Landesbank, also known as BayernLB, published a report that discusses Bitcoin’s stock-to-flow ratio. The authors concluded that Bitcoin is “designed as an ultra-hard type of money.” Stock-to-Flow: Bitcoin Vs Gold Apparently, BayernLB authors relied on the stock-to-flow model previously proposed by Twitter user PlanB. For those unfamiliar, the stock-to-flow ratio refers to the supply of a commodity or asset divided by the amount produced annually. This measure points toRead MoreThe post German State-Owned Bank Calls Bitcoin ‘Ultra Hard Type of Money’ appeared first on Bitcoinist.com.
