"It’s either Bitcoin (BTC) or nothing" competes against *all* (currently unknowable) future innovation My reply below:https://twitter.com/RyanSAdams/status/1034781824000634880 …
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Replying to @RyanSAdams
the criteria which made Gold beat Shells, is precisely the criteria where Bitcoin is superior to all other cryptocurrencies... stock-to-flow ratio, and credibility of the moneys disinflationary monetary policy
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Replying to @MustStopMurad
You're assuming these are the sole criteria for better money in the digital money age S/W money has different properties
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Replying to @RyanSAdams
S/W has additional secondary and tertiary differentiators but credibility of disinflationary monetary policy will be the #1 value driver of monetary media even in the year 10,000 AD.
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Replying to @MustStopMurad
Even if agreed w this, my original stands Any crypto w a more credible, disinflationary monetary policy "a better money" may come along & beat BTC BTC (or any money) is in a constant state of competition. & crypto provides a new toolset to compete Forever maximalism is silly
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If this happens I'll welcome it with open arms, but this is highly unlikely to happen with any existing altcoins. They are far behind when it comes to the credibility of monetary policy.pic.twitter.com/oRIdtGopBl
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