I think humanity has had a SOV problem, not as much a MOE problem.
Fiat works well as MOE, but don't try to save it for any meaningful amount of time. Higher layers on bitcoin (like ecash and lightning) are working to help bitcoin out-compete on MOE, but aren't there for all use-cases yet. We'll get there.
The only reason I hodl sats is because there is no better SOV. No other thing that has stronger stats in most (if not all) properties of money.
Would I be more willing to part with sats if their expected return was far lower on account of increased new issuance? Sure... But then I'd just be looking for a new SOV to preserve and grow my wealth over time.
pup
npub1vg…k36wu
2025-05-07 12:25:45
in reply to nevent1q…dgjd
Author Public Key
npub1vgldyxx7syc30qm9v7padnnfpdfp4zwymsyl9ztzuklaf7j5jfyspk36wuPublished at
2025-05-07 12:25:45Event JSON
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"content": "I think humanity has had a SOV problem, not as much a MOE problem.\n\nFiat works well as MOE, but don't try to save it for any meaningful amount of time. Higher layers on bitcoin (like ecash and lightning) are working to help bitcoin out-compete on MOE, but aren't there for all use-cases yet. We'll get there. \n\nThe only reason I hodl sats is because there is no better SOV. No other thing that has stronger stats in most (if not all) properties of money. \n\nWould I be more willing to part with sats if their expected return was far lower on account of increased new issuance? Sure... But then I'd just be looking for a new SOV to preserve and grow my wealth over time. ",
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