Charlie Morris, co-founder and chief investment officer of ByteTree, believes the stock-to-flow model is flawed and explains what he thinks Bitcoin\’s real drivers are. 00:00​ Intro 1:00​ What is your argument against the stock-to-flow model? 4:09​ Why do you define gold and Bitcoin as opposites? 5:57​ In what way does Bitcoin behave like a growth stock? 7:07​ Why hasn\’t the Fed\’s money printing driven Bitcoin to new highs? 8:51​ Why should investors go long on Bitcoin when miners are selling? 10:35​ What challenges will the mining industry be facing? 12:21​ How is the activity on Bitcoin\’s network correlated to BTC price? 14:58​ What are your Bitcoin price targets one year from now? 16:35​ Outro Get your Cointelegraph merch here: ​ Use this code for your 30% discount in our store: HODLERSDIGEST30 #Cointelegraph​ #Bitcoin​ #CryptoMarkets​ Subscribe to Cointelegraph: ​ Follow COINTELEGRAPH: Website: /​ Telegram: ​ Facebook: ​ Twitter: ​ Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.