You are right. But only during the transitionary period. The very nature of money and the characteristics of state run currency will both result in the consolidation in one true store of value over a long enough time frame.
The only question is the time frame over which this full transition to Bitcoin happens.
There certainly is NO WAY state run currencies exist circa 2140, let alone nation states as we know them now.
Maybe. I think all bets are off beyond a 50 year time horizon. For almost everything. AGI and hyperautomation of production, human expansion into space, commercialization of fusion reactors ... all these things makes uncertainty clime to 100% for me on that timescale.
*climb
Uncertainty exists and entropy in any system tends towards infinity over time. You are right, but that effect is compounded in a system where the base layer of any trade itself is broken and can be controlled by a select few based on their personal beliefs and can exclude whomever they wish, then that base layer is not reflective of the true output of all the people.
But when there exists that can do away with such uncertainty (to a great extent, certainly cannot be absolute) and can streamline entropy and can tirelessly do so like anything ever before, there seems to be hope!
What do you mean by "base layer"?
