BTC: A relic of the past.
-BTC worked well as store of value in the sense that there's more and more people that accept it as such. Data supports that it is being used in countries with unstable currencies
Chris Dixon • The Potential of Blockchain Technology
BTC has a strong case for being digital gold – a "pet rock" that is highly valuable but static. I believe ETH has a more dynamic future as a censorship-resistant, programmable store of value underpinning a much larger digital economy by providing permissionless settlement, DA, and execution.
HackMD: Your Collaborative Markdown Workspace for Knowledge Sharing
The first part isn’t entirely unfair; scams and ponzi schemes are everywhere, and it seems clear that we are in the middle of an ever-inflating bubble. It’s also the case that an entire set of legitimate use cases are in reality regulatory arbitrage; crypto advocates are far too quick to ascribe all of the issues with the current monetary system to... See more
stratechery.com • The Great Bifurcation
"Money isn’t perfect. It has changed throughout history; it’s a technology that can be improved. In the modern era, it is failing us because it’s too universal. It draws our attention away from the communities that are the real sources of our wealth."
Matt Prewitt • Let’s Use New Forms of Money to Commit to Our Communities
Crypto is designed to break down barriers, allowing the best money to rise to the top. We see this behavior in stablecoins, where >99% of stablecoins are US dollars. There isn’t a whole lot of organic demand for fiat currency #109. Many people are artificially restricted from holding dollars offchain, which is a major reason for the success ... See more