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In six months bitcoin will become the scarcest asset in human history.

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Stock to flow measures an assets scarcity. Gold has had the highest stock to flow of any asset on earth since the formation of this planet 4.5 billion years ago.

There is a total supply of around 200,000 tonnes of gold that has ever been mined. However, there are around 3,000 tonnes of gold that are mined every year, therefore the stock-to-flow ratio of gold is:

Stock-to-flow of gold = 200,000 tonnes / 3,000 tonnes per year = 66.

Currently bitcoin has a stock-to-flow ratio of 63.

Stock-to-flow of bitcoin (before 2024 halving) = 21,000,000 btc / 328,500 btc per year = 63.

However after the next halving in six months time bitcoins stock-to-flow will be 127.

Stock-to-flow of bitcoin (after 2024 halving) = 21,000,000 btc / 164,250 btc per year = 127.

Bitcoins stock-to-flow ratio wont just exceed that of golds, it will double it, making bitcoin by far the scarcest asset planet earth has ever known.

This is a once in 4.5 billion year event. The implications for humanity are unfathomable. April 2024 will go down in history as the moment humanity changed forever and history students one thousand years from now will study this event the way we study the discovery of calculus by Isaac Newton.

submitted by /u/slvbtc
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