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What stops people moving into another store of value token

besides BTC?

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It's whatever the accepted narrative is. Hell you can even consider LINK a store of value. But the main one that will always have the narrative because it created the space is BTC

Dustin- Автор вопроса
Dustin
So all it has for it is. It came first?

beyond the fact that it is a scarce immutable ledger , yes. Peolle need to band together and agree which one is real vs which one is fake when everybody can just create their own chain with the same attributes

Dustin- Автор вопроса
Dustin
Any token can be scarce and immutable.

So in your world what one will be a store of value when fiat currency fails? Society is going to agree on a main one similar to gold

Dustin- Автор вопроса
J🟢sh
So in your world what one will be a store of value...

Fiat currency fails when the society using it collapses. If society collapses. I can assure you the people won’t be loading your hardware wallets with BTC.

No fiat currency collapses due to bad policy by governments and central banks, which then leads to societies collapse. BTC can hedge against that hyper inflation and continue the financial system a bit longer

Dustin- Автор вопроса
J🟢sh
No fiat currency collapses due to bad policy by go...

People won’t be putting their life savings in a asset that can -50% +50% in days time

Dustin- Автор вопроса

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