Things don’t have to be a “store of value” per say to have value. Ex. houses will still be worth something, but their price will drop nearer to their *utility* value because, to your point, nearly 100% of all *monetary* value will be eaten by Bitcoin.
Discussion
Right but isn't that global wealth that is currently denominated in FIAT. If there is one currency then it all needs to have a currency denomination.
Unless we are going back to a barter system. Which may happen if everything gets tokenized. That seems like a regression to me and people won't embrace it.
Houses, equities, antiques etc will be worth X amount of Bitcoin. Just like they’re worth X amount of dollars today. Just a lot less in % of total wealth. It’s pretty simple.