Oddbean new post about login | logout If Bitcoin doesn’t become the UoA, it will never be a long term SOV. It will not go up forever unless it becomes UoA. That is it. That is the note.
I disagree, bitcoin’s value won’t be as great as if it is adopted with MoE and UoA but bitcoin will still become more and more valuable as miners buy ASICs and electricity for fewer and fewer bitcoins.