Pretty good, though i don't fully understand the diff between "Store of Value" and "Stability of Value" Also, seems that universality / acceptability exist be shown as either (a) far lower on the pyramid or (b) a byproduct of the rest of the pyramid.
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One of my concerns is it will take the world a long time to develop a Store of Value/“Money” consensus around any *one* cryptocurrency because there is constant possibility (anxiety? fear?!) of the nex-next-generation cryptocurrency having a “better” underlying “commodity”.
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Do you agree that ~everything used as "money" today has no *intrinsic* value other than fact that other [people] believe it has value? If so, doesn't universality / acceptability obviate the need for many other criterion on the pyramid? Or at least prove their existence?
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Global Acceptability perhaps would have been more appropriate I don't believe in intrinsic value, I believe in subjective value. That being said gold does have some commodity use-value. Fiat paper doesn't. Bitcoin underlying commodity is "persistent untamperable global ledger"
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My concern is will people use Bitcoin or will they use something that is *only* 80% as secure as bitcoin *but* 1200% faster and 3700% cheaper, 300% more programmable, etc.?
End of conversation
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