ARE OIL AND VIOLENCE BETTER STORES OF VALUE THAN COMPUTER H…
ARE OIL AND VIOLENCE BETTER STORES OF VALUE THAN COMPUTER HARDWARE AND ELECTRICITY? RECENT STUDIES SAY YES
Blood soaked Benjamins or Satoshis covered in Space Cat piss? Since the day Satoshi Nakamoto proved you can be your own central bank without asking the government's permission and randomly pick a number of tokens to mint for yourself to someday trade for a real currency such as the US Dollar, crypto researchers have attempted to use the Law of Conservation of Energy to create a monetary system backed by computer hardware instead of oil and violence.
However, recent studies show that oil and violence may be a better store of value than computers or electricity. Last week, research conducted by The Advanced Laboratories of Coin Market Cap showed that people tend to panic buy oil and violence backed currencies if crypto's “store of value” narrative collapses.
“If something is not storing value it must not have value since in order to have value something would have to be storing it,” stated Stacy Patrick, head scientist of Marketing Research at TALCMC.
Ms. Patrick told The Cryptographic Post via telephone that her research indicates cyryptoheads generally buy crypto to someday exchange it for an increased amount of blood and oil backed currencies.
“Our research shows most buyers view themselves as investors rather than participants. In this way crypto becomes a vector for just re-affirming the dominance of military backed money.”
In other words, when people lose “value” as measured in blood stained treasury notes, their tendency is to give up on crypto and run back to blood stained treasury notes. In their view, the blood stained treasury notes are at least backed by mountains of bodies.
To the contrary, Michael Saylor, former CEO of Microstrategy maintains that Bitcoin Core is a perfectly engineered storage of monetary energy- a perfect financial battery. Ms. Patrick and her team at The Advanced Laboratories are conducting an experiment they hope will resolve potential problems with this theory.
Her team has been monitoring the financial energy thousands of people put into the top of Bitcoin Core at $64,000. They are tracking the whereabouts of this energy, following it and documenting it at the quantum level as it circulates through Bitcoin Core.
If BTC is a perfect monetary battery as Mr. Saylor claims, a person who deposited $64,000 worth of their financial energy into 1 Bitcoin at the peak should eventually have an opportunity to reclaim the full $64,000. As BTC approaches a dismal $19,000 on Coin Market Cap's advanced instruments, it is becoming more difficult to track and monitor those energy inputs.
“We have a sort of spooky financial action at a distance,” Ms. Patrick explained. “If Bitcoin goes back to $64,000 our test subjects can remove their perfectly stored $64,000, giving credence to the Saylor Store of Value Theorem. However, when and if that happens, it will be the same as if they had just held $64,000 in cash and done nothing. In that case, we may validate that cash has been storing financial energy more perfectly that Bitcoin because it neither increased nor decreased in value with less electrical input from the end user.”
She summarized this would add weight to the recent TALCMC research showing people prefer to store their value in war and oil.
“We cannot ignore this new data pointing to blood and violence as a superior store of value than hardware or strings of information. Physics lends some credence to the possibility because you can't make a plane fly with a chain of transactions, you need violent energy. Generally, we extract that energy through bloodshed and real mining… not a bunch of gamers pretend mining.”
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