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: http://bit.ly/2X67nM7 Use this code for your 30% discount in our store: HODLERSDIGEST30 #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: https://goo.gl/JhmfdU Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph 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.