Saylot obviously see “the big idea” as the SoV at 450T and I agree. But he says MoE is worth 10T so how does logic not say that BTC is simply worth the 460?
Take for example people who want to live 100% on a Bitcoin standard. They have a stack that they have to peel bits off of as a result of converting all their income into BTC. They then spend on their necessities. With Layer 2s doesn’t BTC just eat MoE as well? I know it’s not worth as much as the capital aspect but the majority of people in the world aren’t wealthy enough to build a lot of capital they just want the little money they do earn to not be debased.
Maybe he would agree with that it’s just not exciting for him but I think the rest of the world would rather go eventually straight to lightning or e cash or whatever later 2 instead of a dollar
Andy
npub1e9…5khp0
2024-11-18 19:40:15
in reply to nevent1q…6ker
Author Public Key
npub1e9lvdx8ypf2hn0gmvd9lz5vdkexg40m5jcxnek5mk36e7cj75hjqm5khp0Published at
2024-11-18 19:40:15Event JSON
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"content": "Saylot obviously see “the big idea” as the SoV at 450T and I agree. But he says MoE is worth 10T so how does logic not say that BTC is simply worth the 460? \n\nTake for example people who want to live 100% on a Bitcoin standard. They have a stack that they have to peel bits off of as a result of converting all their income into BTC. They then spend on their necessities. With Layer 2s doesn’t BTC just eat MoE as well? I know it’s not worth as much as the capital aspect but the majority of people in the world aren’t wealthy enough to build a lot of capital they just want the little money they do earn to not be debased. \n\nMaybe he would agree with that it’s just not exciting for him but I think the rest of the world would rather go eventually straight to lightning or e cash or whatever later 2 instead of a dollar",
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