Guys, I think in your simplified model you seem to make the same mistake that the original INET model had —having different units on both sides of the MV=PQ equation? You have PQ in usd and MV in UT. You have to use PPP pricing to be consistent by assuming a price for the storage in UT and only later comparing to the reference price in usd by an external similar service. This has been previously shown here by Warren Weber https://blog.coinfund.io/the-quantity-theory-of-money-for-tokens-dbfbc5472423 Curious what you think?