Bitcoin has only been around ~15 years. This is all still an experiment. You can't technically guarantee Store of Value. Controlling supply alone isn't enough. SoV is also also a function of demand (which is subjective so can't be controlled) and larger players can always manipulate price like they do with traditional finance especially when large CEXes are involved.
>A vital function of Bitcoin is the game theory level. Bitcoin has a design that allows it to pressure jurisdictions towards liberty-oriented policies *because* it is the best store of value.
"Bitcoin is therefore inherently a black market money. Its security architecture necessarily assumes it is operating without state permission."
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-05-27 20:14:44
in reply to nevent1q…m5ap
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-05-27 20:14:44Event JSON
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"content": "Bitcoin has only been around ~15 years. This is all still an experiment. You can't technically guarantee Store of Value. Controlling supply alone isn't enough. SoV is also also a function of demand (which is subjective so can't be controlled) and larger players can always manipulate price like they do with traditional finance especially when large CEXes are involved.\n\n\u003eA vital function of Bitcoin is the game theory level. Bitcoin has a design that allows it to pressure jurisdictions towards liberty-oriented policies *because* it is the best store of value.\n\n\"Bitcoin is therefore inherently a black market money. Its security architecture necessarily assumes it is operating without state permission.\"\n\nhttps://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle",
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