“It Will Become Rarer Than Gold”

Author

Mr. GoBrr
February 05, 2024 • Reading Time:7 minutes

GM. Today on Money Printer Go Brrr newsletter:

  • PlanB, Founder of S2F Model, Reveals Bitcoin Price Prediction After Halving: “It Will Become Rarer Than Gold”

  • Crypto teacher loses student’s $1.2M investment in fake hedge fund

  • 'The Everything Token' Book Explains the A-to-Z of NFTs

  • What will happen in crypto this week

Top Crypto Gainers (24h)

Top 24H Gainers

PlanB, Founder of S2F Model, Reveals Bitcoin Price Prediction After Halving: “It Will Become Rarer Than Gold”

Hey, have you heard about PlanB and his wild Bitcoin predictions?

So, this guy's got a model called Stock-2-Flow, and it's all about how rare Bitcoin is compared to stuff like gold.

But let’s see:

- 1st – what he said now
- 2nd – we’ll dive into S2F

PlanB, supports Bitcoin, predicting it will become scarcer than gold after the next halving in April. 😯

His crystal ball (a.k.a. the S2F model) is showing Bitcoin giving gold a run for its money, aiming for a cool half-mil per coin – $500,000 per $BTC (in layman).

This is his Stock-2-Flow model:

In 2025, Bitcoin S2F will surpass gold, becoming the rarest and hardest asset in human history.

In 2025, Bitcoin S2F will surpass gold, becoming the rarest and hardest asset in human history.

💡 The Stock-2-Flow model

⇾ a tool that indicates the scarcity of an item and the difficulty associated with acquiring more of that item;

⇾ measures scarcity by dividing its total existing supply (stock) by its annual production (flow);

⇾ In 2025, Bitcoin sotck to flow will be: 19,948,000 supply of BTC / 164,250 annual production = 121 Stock 2 Flow (see chart above);

⇾ the higher the S2F ratio, the more scarce is;

Still didn’t get it? Here’s an “explain it like I’m 5”:

⇾ The Stock-to-Flow model is like saying if there are fewer new toys made each year, the toys you already have become more special, rare and valuable.

BTC S2F vs Other assets:

  1. Gold's S2F ratio is around 60;

  2. Real estate is 100; and

  3. Bitcoin's is expected to hit 121 after the halving, indicating higher rarity. 🤟

Plan B is betting that after this Bitcoin halving thing in April, where the rewards for mining get slashed in half, Bitcoin's going to be even rarer than gold.

💡 Hopium alert

But, you know, take it with a grain of salt. These models are like weather forecasts for money – not always right on the dot.

Crypto teacher loses student’s $1.2M investment in fake hedge fund

Crypto "teacher" turns homework into a horror story, convincing students to drop $1.2 million on a hedge fund as real as unicorns.

The promise?

⇾ a high-tech money-making machine powered by AI, but the only thing artificial was the fund itself.

Apparently, he, Brian Sewell, never launched the fund nor executed the trading strategies.

Aaand, on top of that: the students' investment vanished following a hack of Sewell's Bitcoin wallet. 😯

NOBODY knows yet how the “hack” happened. 🤔

Long story short:

The teacher has to refund the $1.2 million (plus prejudgement interest of approximately $402,000) to the defrauded students is in place, with Sewell potentially facing a hefty fine.

💡AI in blockchain & trading nartive has been popping up a lot in the past year:

  1. Remember: if someone's throwing around big words like AI to dazzle you, maybe take a step back and do a little digging first;

  2. Just like learning to ride a bike, start with training wheels when using AI in crypto trading.

    Test the waters with small investments to see how it goes;

  3. AI is smart, but it's not perfect.

    Keep an eye on your investments and learn as you go. It's like having a smart assistant who needs supervision.

  4. DYOR should be your mantra.

'The Everything Token' Book Explains the A-to-Z of NFTs—And Why They're Here to Stay

New web3 book in the house:

Imagine you've just found a guidebook that explains the whole NFT and Web3 world in a way that's as easy as pie – it’s here.

"The Everything Token" is the new bedtime story for crypto enthusiasts, penned by the dynamic duo Steve Kaczynski and Scott Duke Kominers.

The Writers

  • Steve Kaczynski – career marketer and Web3 entrepreneur

  • Scott Duke Kominers –  a Harvard Business School professor and research partner at a16z crypto

What You Should Expect From the Book

  1. Introduces the concept of "The NFT Staircase," which outlines essential elements of NFT projects: Ownership, Utility, Identity, Community, and Evolution.

  1. Delves into the practical applications of NFTs and Web3 in various domains such as art, music, and finance, offering readers actionable insights. 

  1. Aims to make the complex concepts of NFTs and Web3 accessible and understandable to a broad audience, including late adopters.

The book has gained support from key NFT community figures, including a purchase of 100 copies by Yuga Labs (BAYC) co-founder.

This book is like NFTs for Dummies, but with more pizzazz, aiming to turn crypto newbies into savvy traders.

Diving into "The Everything Token" might just make you the next NFT guru at dinner parties.

Just don't forget, in the crypto world, today's news might be tomorrow's fish wrapper!

What will happen in crypto this week

Essential Things You Should Know:

Meme Of the Day

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