BTC's value prop relative to its status quo (Gold, FX) is more clearly understood right now that any specific Alt or group of Alts value props are relative to their status quo (most of the internet). That's partly bc the role of decentralization in BTC is better understood.
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Another reason is bc of Austrian economic theory
@MustStopMurad1 reply 0 retweets 1 likeShow this thread
Replying to @Travis_Kling
Yes. Austrian Economics, among other things, would say that value will accrue to a currency with the most (1) disinflationary and, even more importantly, (2) credible monetary policy. I think BTC is hardest to change among all cryptocurrencies thus making it’s MP very credible.
3:39 AM - 5 Sep 2018
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