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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Replying to @cyounessi1 @TusharJain_
In order to disrupt Bitcoin, IMHO, a coin needs to be several times MORE provably secure, decentralized, immutable, disinflationary AND much faster/cheaper/programmable. Not saying it's 100% impossible, just extremely difficult; requires Nobel Prize lvl breakthroughs.
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Or it simply requires greater network effects and acceptance that valuation models for crypto are partial and yet undefined. That’s nowhere near as implausible as you make it seem. In fact it seems likely.
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its not a valuation model for crypto. its a valuation model for money and a savings vehicle. which is defined by nature.
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But crypto isn’t money. That’s the thing. And simply stating that your valuation applies to it doesn’t make it so. If that were true, SC protocols wouldn’t be slowly eating away at BTC’s dominance. And yet they are. So you’re betting on that trend reversing. Better to hedge.
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Do you think a Japanese Central bank, a Russian billionaire, a frugal laborer or a refugee running away from war will place their savings in Bitcoin or Ether? Exactly.
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