Leo Fernevak on Nostr: Yup. Since the position is illogocal I suspect that it is often a disingenious ...
Yup.
Since the position is illogocal I suspect that it is often a disingenious concern voiced by envious minds who would rather want their altcoin to have Bitcoin's dominant position as a store of value.
Yet from basic logic we can expect that the hardest money will be popular as a store of value, both for companies and ETF providers.
Those who understand hard money better than others will necessarily accumulate more of it and earlier.
There is no alternate timeline where the hardest money does not become desirable.
If we could restrict and prevent individuals and companies from buying a certain amount of Bitcoin, it wouldn't be an open and fair protocol.
Only under communism is equal outcomes desirable - and it requires totalitarian measures to even aim at approximately achieve such a result.
Since the position is illogocal I suspect that it is often a disingenious concern voiced by envious minds who would rather want their altcoin to have Bitcoin's dominant position as a store of value.
Yet from basic logic we can expect that the hardest money will be popular as a store of value, both for companies and ETF providers.
Those who understand hard money better than others will necessarily accumulate more of it and earlier.
There is no alternate timeline where the hardest money does not become desirable.
If we could restrict and prevent individuals and companies from buying a certain amount of Bitcoin, it wouldn't be an open and fair protocol.
Only under communism is equal outcomes desirable - and it requires totalitarian measures to even aim at approximately achieve such a result.