How do you call false false dichotomy?
Bitcoin is both a medium of exchange and a store of value, now and in the future.
It's never a choice between hodling or spending sats; bitcoin's growth lies in doing both.
nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp breaks apart bitcoin’s false dichotomy in his latest post 👇
https://medium.com/breez-technology/bitcoins-false-dichotomy-between-sov-and-moe-18e3f968a643
Discussion
It's just that the adoption is delayed. We might 50% SoV adoption while MoE still at 1%. It will come later
Maybe. We could distinguish adoption as a stock to be exchanged later for money versus adoption as a money to be exchanged later for goods or services. Whether my second exchange for goods or services takes place 20 years from now or 20 minutes from now I can use Bitcoin as a medium of exchange. My intent to exchange it for another money versus intent to exchange it for goods and services shapes my perspective. Emphasis on "SoV" is the former and emphasis on "MoE" is the latter. Emphasis on "MoE" necessarily includes "store of value" but the reverse is not always true.