Modeling the price of bitcoin with Fred Krueger

In this episode, Fred Krueger reflects on his initial experience of purchasing bitcoin on Mt. Gox and subsequently selling it on Mt. Gox. He dives into detailed explanations of both the Stock-to-Flow (S2F) and power law models, offering his insights on whether the bitcoin power law model should be regarded as a mathematical law or just a pattern. Finally, he discusses potential factors that could disrupt the power law model and addresses the notion proposed by Michael Saylor that all models are broken.SUPPORT THE PODCAST:→ Subscribe→ Leave a review→ Share the show out with your friends and family→ Send us an email [email protected]:00:00:00 Intro00:01:20 Fred’s background preparing him for bitcoin00:04:17 Fred buying bitcoin on Mt. Gox00:06:37 Bitcoin as a pet rock with no cash flow00:10:57 S2F and Power law models00:23:03 ETH trending to 000:25:17 Power law—mathematical law or pattern?00:40:16 Extreme bear markets00:41:50 Using bitcoin and bitcoin custody00:47:50 How would the power law model break?01:01:09 Will all the models break?01:07:01 Closing thoughtsWHERE TO FOLLOW US:→ Unchained Twitter: https://twitter.com/unchainedcom→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom → Unchained Newsletter: https://unchained.com/newsletter → Joe Burnett’s Twitter: https://twitter.com/IIICapital→ Fred Krueger’s Twitter: https://twitter.com/dotkrueger