Hereβs something Iβm not grasping about bitcoin.
If we move into hyperbitcoin world and bitcoin constantly improves in purchasing power, wouldnβt humans be incentivized to not use it as currency and trade every other thing before the bitcoin. In some ways it feels like the incentive pushes more toward store of value. Perhaps the privacy layer becomes the key incentive for medium of exchange.
Understand I do believe in
@Jeff Booth thesis that if it fails as a medium of exchange than it fails as a store of value.