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64 sats \ 1 reply \ @siggy47 20 Jun 2023 \ on: Why ALL value trends to 0 against Bitcoin: Counterparty risk bitcoin
I agree with you almost entirely. The one point where I disagree is commodities. Physical commodities can only be confiscated if you allow it. It is of course far more difficult to protect physical commodities against confiscation than to protect bitcoin.
Yup, but the fact that there is that tangible risk of confiscation, even if it's very low/difficult, is why other commodities can never be more valuable than bitcoin
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