“doesn’t differentiate from BTC *at all*”? To name a few: - turing complete scripting language - roadmap for PoS - sharding and plasma scalability solutions in the works - adjustable block size surely enough to differentiate at least a little bit?
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These criteria are irrelevant for Store of Value
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eh?.. where did anyone say this was a store of value conversation? I was talking from a broadly technical standpoint
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They are talking about “price overtaking” above, which follows Store of Value absent irrational speculation.
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Respectfully, I disagree. Over long term price follows utility, which SoV is just one aspect of
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Some would say that hypersecurity and disinflation (wealth preservation) are the greatest utility. You can store 90% of wealth in secure gold bricks (btc) and 10% in less secure/more inflating cryptokitty fuel.
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I’d argue there’s a correlation between inflation and security. More inflation incentivizes more miners/stakers to secure the network.
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Lol but if it inflates more than the dollar then what’s the point of holding it?
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Replying to @MustStopMurad @QWQiao and
If these assets aren't less inflationary than USD no one will want them. Inflation isn't the only way to secure. Transaction fees are the future of Bitcoin security. That's part of the reason for Layer-2 solutions
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I just realized DPoS is fundamentally different from PoS when it comes to inflation. In DPoS the block producers‘ share of the network grow overtime. In PoS everyone can stake/participate in staking pools and thus maintain their share of the network.
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dude “everyone” is not gonna stake in PoS. 20% max people will. Maybe fewer. The remaining 80% will see it as nothing but inflationary fuel commodity. In contrast, everyone views BTC as gold because its disinflationary for all
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