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I feel like a lot of the debates about Bitcoin as a MoE vs. a SoV are circumstantial rather than "ontological". That is, they're debates about the function Bitcoin fills now, as opposed to what Bitcoin is or can be.
I think as things currently stand, it makes total sense that Bitcoin is viewed more as a SoV than a MoE:
  1. Most daily expenses are still priced in fiat, and thus for financial stability it is more useful to have income denominated in fiat.
  2. Gresham's Law. If we expect the fiat-price of Bitcoin to keep going up, people will naturally prefer to spend fiat and hold Bitcoin versus the other way around.
  3. The "user interface" of fiat is still more intuitive for most people; using Bitcoin can seem complicated and scary, even for people who are convinced of Bitcoin's utility.
I try to support the Bitcoin economy when I can, but I'm in no rush for Bitcoin to be commonly used as a MoE. I think at this stage of Bitcoin's adoption cycle, it is expected that it will function more as a SoV than a MoE, for all the reasons above. This was also recognized and discussed even in an academic papers. That doesn't mean Bitcoin can't function as a MoE in the long run, but it will take time to get there