7) Incentives align with a layered Bitcoin more than a gold…
7) Incentives align with a layered Bitcoin more than a gold reversion
- A small, auditable base with open participation and layered throughput is consistent with an internet-native monetary system; the alternative (huge blocks) risks miner and node centralization—making censorship and capture easier.
- Gold remains an excellent reserve/savings asset, but as base-layer settlement for a digital, programmable economy, it lacks native portability and composability. BTC fills that niche without relying on trusted warehouses and inspection regimes.