After BTC reaches $10T+, people will start spending it, partly because disincentives to spend will be reduced (due to less gains left ahead) and partly because *other* people will demand to get paid in it / for their goods and services
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Replying to @MustStopMurad @cryptow1re
In fact, SoV needs a pretty high liquidity to be a good SoV. Money is most liquid, salable, recognizable good. SoV is just MoE delayed into the future
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Replying to @MustStopMurad
If SoV is deflationary, when is there a MoE use case other than PR?
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Replying to @cryptow1re
If everyone *demands* to get paid in BTC, people will have to spend BTC even if it gains a litte value every year.
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Replying to @MustStopMurad
I think this is a 1% probability if BTC remains digital gold. Whatever becomes the world's digital silver, bronze, USD needs to interoperate with gateways, processors, banks if they are to get distribution to the masses. For this, distributors will need to get a cut of the BR.
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Replying to @cryptow1re
Digital gold is just a metaphor people use. Its mostly appropriate because BTC is entering the SoV stage and no one wants to spend due to gains ahead + volatility. Fixed supply Cryptocurrency evolves like this, in my view: Collectible -> SoV -> MoE -> UoA We are between 1 and 2
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Replying to @MustStopMurad
As the coinbase reward decreases, fees will exponentially increase as miners will demand to be profitable. There will be no use case for BTC as a MoE unless it's PR or in extremely tumultuous scenarios.
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Replying to @cryptow1re
People will mostly transact on higher layers (L2, L3) and via centralized solutions. Base chain will only be used for ocassional massive settlement
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Replying to @MustStopMurad @cryptow1re
MoE element doesn’t neccessarily need to be on the base layer
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Using base layer for coffee payments is like using a Nuclear bomb to kill a mouse 
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