settlement layer, that real estate, land, equities, art, gold, etc, can be included in the market cap of BTC? I have heard maxis say this for the last few years. It seems new, but very very wrong. What am I missing? https://twitter.com/danieleripoll/status/1707884744867041416
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Yes, they believe every SoV will lose its SoV "overprice" and fall back to base utility price and BTC will absorb all the SoV value
That does seem to be the correct answer. https://twitter.com/danieleripoll/status/1707915067105427458?t=pwsjnGdef8y6Ln8xTWNK3w&s=19
True gold value only if demented logic is true. But its best to just ignore with total indifference
Yes the idea is that money somehow represents all value, is false. It represents only savings in money and what people want to have in cash balance (the difference is only for how long). Saving in money is only for those who don't feel capable for investing and don't want to take the risk of lending. So many people will avoid investing and lending, and prefer saving in money. It is unrelated to the value that exists in the world; long time consumables, and investments.
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