Modeling Bitcoin Value: Three Methods

Price-Time, Price-Difficulty, Price-Stock2Flow

Stephen Perrenod
The Capital Platform
15 min readDec 6, 2019

Bitcoin’s Double Feedback Loop

The beauty of Bitcoin is that its security and scarcity work together in a self-reinforcing pair of cooperating feedback loops as shown in the figure below.

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Stephen Perrenod
The Capital Platform

supercomputing expert, astrophysicist, technology analyst, orionx.net, author of DarkMatter, DarkEnergy, DarkGravity