Respectfully, your post makes assumptions about why people might choose to value Bitcoin. You initially suggested that the ability to move jurisdictions was the "main" value prop. I think that's a highly flawed argument.
Surely some will value that attribute but others may be quite happy and settled in their jurisdiction and simply want debasement protection without the hassle or risk of self custody.
It's up to each individual to create a value judgment against personal opportunity cost of time and energy for everything in their life, including owning, studying, custodying Bitcoin.
If fiat end times are nigh and tyranny abounds sufficiently ominously, they'll adjust their value dials accordingly or get swallowed up.
Bitcoin Precept
npub1d9v…zk2u
2023-08-30 02:02:52
in reply to nevent1q…z8g5
Author Public Key
npub1d9vusz3zdd3cp2nqfdhqv932a2e20nvkhnkngjmjepzs0fr72s2qdlzk2uPublished at
2023-08-30 02:02:52Event JSON
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"created_at": 1693353772,
"kind": 1,
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"content": "Respectfully, your post makes assumptions about why people might choose to value Bitcoin. You initially suggested that the ability to move jurisdictions was the \"main\" value prop. I think that's a highly flawed argument. \n\nSurely some will value that attribute but others may be quite happy and settled in their jurisdiction and simply want debasement protection without the hassle or risk of self custody. \n\nIt's up to each individual to create a value judgment against personal opportunity cost of time and energy for everything in their life, including owning, studying, custodying Bitcoin. \n\nIf fiat end times are nigh and tyranny abounds sufficiently ominously, they'll adjust their value dials accordingly or get swallowed up.",
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}