Thank you for your reply. I also think that BTC will be widely used as a store of value (SoV). I'm just saying that this use as SoV arises on the basis of BTC being an MoE, that is, on the basis of its liquidity and ease of exchange. Furthermore, I'm saying that this use as SoV is only a use as a MoE deferred over time. If Bitcoin were not an MoE, that is, if it were not liquid and it were difficult to exchange at economic prices (as Menger would say), it would not be used as a SoV. Of course, I agree with you that the current use as a MoE is still small.
Sound Money
npub1sg…55u3l
2024-09-11 13:19:53
in reply to nevent1q…a795
Author Public Key
npub1sg0j78carjndmg7qjfstk2y0e23r5cvxwn3u9z5cgnk5jnh4vxqs355u3lPublished at
2024-09-11 13:19:53Event JSON
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"content": "Thank you for your reply. I also think that BTC will be widely used as a store of value (SoV). I'm just saying that this use as SoV arises on the basis of BTC being an MoE, that is, on the basis of its liquidity and ease of exchange. Furthermore, I'm saying that this use as SoV is only a use as a MoE deferred over time. If Bitcoin were not an MoE, that is, if it were not liquid and it were difficult to exchange at economic prices (as Menger would say), it would not be used as a SoV. Of course, I agree with you that the current use as a MoE is still small.\n",
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