BTC is not a Store of Value. It's mostly a speculative play that newcomers will buy into old brand. And maybe partly a bet on future LN development.
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And yet the question remains, what makes you think btc with All of aforementioned qualities can’t simply be copied by dozens of other crypto projects, including those directly sponsored and approved by world governments? Other than founder effect, what makes btc a store of value?
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Several of these headings can be lumped under the same field “brand recognition, most popular” due to founder effect, aka first mover advantage, while other tech related aspects can and have been copied, e.g. ltc. Atari and VHS once we’re dominant players as well...no guarantees.
End of conversation
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