How do you calculate bitcoin stock-to-flow (S2F)?
Excuse me, could you please explain how one would go about calculating the stock-to-flow (S2F) ratio for Bitcoin? I've heard it's an important metric in predicting the price of the cryptocurrency, but I'm not entirely sure how to perform the calculation myself. Could you walk me through the process step-by-step? Additionally, what factors does the S2F ratio take into account, and how do they impact the final result? Thank you for your time and expertise.