Nick joins me to talk about how he tried to disprove PlanB’s Stock to flow model, but ended up finding out that it holds up. We also talk about cointegration, what that means, and some of Nick’s statistical work. We talk about:

• Professional background
• Background to S2F
• Cointegration and what it means
• Engle-Granger test
• Mean Reversion indicator
• Shitcoins riding Bitcoin’s coat tails

Nick links:

• Twitter: @Btconometrics
• Website: https://btconometrics.com/
• Article: https://medium.com/swlh/falsifying-stock-to-flow-as-a-model-of-bitcoin-value-b2d9e61f68af

Related episodes:

• SLP67
• SLP86
• SLP122

Sponsor links:

• Kraken
• Unchained Capital
• CypherWheel by CypherSafe
• SwanBitcoin

Stephan Livera links:

• Show notes and website
• Follow me on twitter @stephanlivera
• Subscribe to the podcast
• Patreon @stephanlivera