I don't want to get into the weeds about what SoV means, cryptoassets are better bank ledgers, they are not better gold. Cryptographic protocols are less durable than paper. Do you remember RC4?
if “nuclear winter” happens or even ECB collapses Eurobonds would be worthless too
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Yeah, but gold and can openers would still have value.
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Would gold have value in that world though? I’d say only things like food, oil, weapons, and legit industrial weapons would have value then... Gold’s industrial use-value isn’t even as extensive as silver or platinum
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Separate value from ownership. You would still own Eurobonds, it just their value will be close to 0 (a call option that EU will be revived in the future). Same applies to gold. But gold is a natural scarcity, while Eurobonds is an artificial scarcity just like Bitcoin.
End of conversation
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