Part 3/7:
Charlie recalls his trading achievements, sharing that he successfully banked over $100,000 towards the end of the previous year, while still holding onto some investments. He expresses cautious optimism regarding Bitcoin's future, highlighting an expectation for further gains but not at the extreme levels proposed by Plan B.
Dissecting Plan B's Stock-to-Flow Model
The conversation delves into Plan B’s use of the stock-to-flow model for predicting Bitcoin prices. Charlie expresses respect for Plan B as an intelligent analyst but raises concerns regarding the model's linear assumptions. He believes that markets are inherently nonlinear and chaotic, which may lead to discrepancies between predicted and actual performance.