Indeed it is logical. 1. 2. 3. ... Informational Commodity …
Indeed it is logical.
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Informational Commodity money (what Satoshi's [Sats] or BitCoin are) requires Demand to succeed. Demand arises LongTerm from Use of a Global Ledger timestamping data of value. Velocity pumps it.
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All the arguments against the shitty BTC network seem to ignore that BTC 'users' use the network increasingly less, and that for the forseeable future the doubling of the price every subsidy epoch is sufficient to maintain the ponzi.
BTC 'use' as a database entry held by a trusted third party, loosely connected to a timestamp server with a subsidy reward for block generation