Theory 1: Bitcoin adoption is due to its superior payments system Theory 2: Bitcoin adoption is due to its superior monetary policy I think it’s 98% Theory 2. Theory 1 depends on people not having access to venmo-like stablecoin payments - that’s not a sustainable assumption.https://twitter.com/pierre_rochard/status/983883145245282304 …
Replying to @pierre_rochard
Both {sound monetary policy} and {p2p value transfer with no middlemen} are awesome value props, but the former is more unique, rare and has to take precendence for the next 7-8 years, in my opinion.
10:08 PM - 11 Apr 2018
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