Even if that chart is accurate, there's no guarantee that Bitcoin is the one that fulfills that role. So, why are you pushing for Bitcoin instead of pushing for experimentation/innovation to help *any* coin achieve those ideals? Seems narrowminded to pre-declare Btc the winner
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So it’s only the dumb money moving it in the wrong direction?
Right...
And no, not all crypto is money. Some have distinct properties very different from money. Throw out MV=PQ and whatever other trad valuation models. They apply to aspects of crypto but not the whole. -
Ethereum has fallen more since the highs than Bitcoin. Enough said. Many things and ledgers can be used as money and Bitcoin fits the charateristics of sound money perfectly.
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59% vs. 63% down from ATH. You’re right, show’s over

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You’re the one who talked about money moving into certain directions. This shows that investors have deeper, less speculative and more fundamental faith in BTC.
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Sure but one is continuing to innovate at a blistering pace. The other isn’t. Nothing is guaranteed. Smart money is hedging. Only maximalists are convincing themselves it’s winner take all. Not prudent investing.
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I believe its winner take most
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Winner(s).
#FTFY
End of conversation
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