Sound Money on Nostr: Thank you for your reply. I also think that BTC will be widely used as a store of ...
Thank you for your reply. I also think that BTC will be widely used as a store of value (SoV). I'm just saying that this use as SoV arises on the basis of BTC being an MoE, that is, on the basis of its liquidity and ease of exchange. Furthermore, I'm saying that this use as SoV is only a use as a MoE deferred over time. If Bitcoin were not an MoE, that is, if it were not liquid and it were difficult to exchange at economic prices (as Menger would say), it would not be used as a SoV. Of course, I agree with you that the current use as a MoE is still small.
Published at
2024-09-11 13:19:53Event JSON
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"content": "Thank you for your reply. I also think that BTC will be widely used as a store of value (SoV). I'm just saying that this use as SoV arises on the basis of BTC being an MoE, that is, on the basis of its liquidity and ease of exchange. Furthermore, I'm saying that this use as SoV is only a use as a MoE deferred over time. If Bitcoin were not an MoE, that is, if it were not liquid and it were difficult to exchange at economic prices (as Menger would say), it would not be used as a SoV. Of course, I agree with you that the current use as a MoE is still small.\n",
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