I explained 6 years ago why Plan B’s Stock-to-Flow Bitcoin model was doomed and would fail.

Few believed me.

Most insulted me.

Today, I can confidently declare that I was right and Plan B was wrong.

Watch the video of this episode!

Also, watch my May 2020 video that started all the controversy and read the detailed article about why Plan B’s stock-to-flow model was doomed!

In mid-2026, with the price of Bitcoin languishing around $65,000, below the lowest stock-to-flow band, we can officially declare that Plan B’s stock-to-flow model is dead.

I waited until Bitcoin was consistently below the outer bands before declaring “victory” in my debate with Plan B. It’s a Pyrrhic victory because I was hoping all along that he would be right and I would be wrong, since I have stacked bitcoin.

Unfortunately, time proved me right.

Ultimately, Plan B’s model was only good for one Bitcoin cycle.

Given how wide a price band the model has, it’s unsurprising that it lasted for four years.

However, it couldn’t keep up with the aggressive, uber-optimistic price prediction.

What do you think?

Put your thoughts in the comments.

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