kaal:claim:4033886-039

Bitcoin's issuance schedule and relative scarcity are not necessarily the only reasons for its rise in value, since thousands of copycats share the same issuance schedule without matching its demand.

Source quote, verbatim

However, BTC's issuance schedule and relative scarcity are not necessarily the only reasons for its rise in value.147

From

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022), IV.2.b DCF, p. 34
https://ssrn.com/abstract=4033886 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

Holds when

scarcity based valuation models such as stock to flow

Classification

failuresupport: arguedfailure: scarcity only explanationfamily: valuation-and-pricing-failuretokenomicseconomics

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