Bitcoin price seems to track S2F model value even better when BTC is measured in gold (XAU) instead of fiat (USD).
BTC = 22 ounces of gold. Still undervalued because below S2F model value of 35 ounces. Note that after 2024 halving, S2F model value jumps to 300 ounces of gold...
When you can't authorize withdrawals, sometimes issuing an IOU is the best you can do. Poolin is taking this approach as customers clamor for their locked coins. https://t.co/EsHZKD9bxS