2) Gold was abundantly liquid when it was highly monetized. I don’t see your point.
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“We can restore gold but we don’t” You make it sound like it’s a non-coercive, purely market driven process up to every day consumers. It’s not!...
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You made a wrong assumption. I very much believe fiat adoption has been coercive, not market driven. That's the real world competition. They cheat. To beat these powers your money needs more than soundness (Gold has that). Unless you mass convert. Or fiat major fails.
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BTC is more than just sounder / more disinflationary than Fiat and Gold. It’s also much harder to seize, censor and is borderlessly transactional. They will attack but BTC is much stronger than Gold in all respects except established history, which is merely a matter if time. . .pic.twitter.com/Rjr9p2i3Wu
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You don’t need a sudden mass conversion. All you need is a gradual leak from fiat / other SoV-instruments into BTC. Precisely that has been happening since BTC’s inception, for 9 full years.
End of conversation
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