I think biggest determinants of SoV are: 1. Security (Cost of Attack, QualityCode) 2. Censorship-resistance 3. Immutability / Irreversibility 4. Disinflationary Monetary Policy 5. Credibility of / Hard to change Monetary Policy 6. Distribution of coin ownership / Gini 7. Privacy?
Cost of Attack and Distribution of Ownership are external factors :P
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Ok you win
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