Ethereum co-founder Vitalik Buterin criticized the Bitcoin (BTC) stock to flow (S2F) model introduced by PlanB.
The BTC stock-to-flow model got a lot of attention during the bull run as it got several price predictions right. But there were also times when the model faltered in a bull market.
Stock-to-flow is really not looking good now.
I know it's impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get. https://t.co/hOzHjVb1oq pic.twitter.com/glMKQDfSbU
— vitalik.eth (@VitalikButerin) June 21, 2022
While criticizing the S2F model, Ethereum founder Buterin said that the model is damaging. Buterin said: