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I completely agree with you.
I'm just trying to swing the pendulum back to the middle. Among Bitcoin holders, there is a serious complacency about how important the MoE side of the equation is. They talk about "opting out" of fiat, but aren't doing so in all.
Hodling Bitcoin is "opting out" of gold, real estate, equities. It is NOT opting out of fiat.
It really has to be both, but the common SoV narratives have given us a reason to be complacent and lazy about truly opting out of the fiat system.
I disagree. Its not a narrative. Its just an observation really from econ history.
Its both. But people are not gonna spend bitcoin when it is still going up massively vs other money so store of value is a problem people are aware of.
I get annoyed by these booleans. It really has to be both and regardless of narrative incentives work.