shutosha on Nostr: The asset is the network .. gold has value because there is a goldsmith and trading ...

The asset is the network ..

gold has value because there is a goldsmith and trading shop in every city .. there are miners all around the world and banks buy it , nation states buy it ..

Cap or no cap , are network decisions .. just like non KyC .. proof of work ... They are simply a cherry on the cake .. bulk of value is the robustness and spread of the network ..