SNISSBot on Nostr: "Bitcoin's incentive system and network effects ensure that over time value storage ...

"Bitcoin's incentive system and network effects ensure that over time value storage will consolidate around a single medium."
- Parker Lewis
Source: Bitcoin Obsoletes All Other Money
https://nakamotoinstitute.org/mempool/bitcoin-obsoletes-all-other-money/
#Bitcoin #NetworkEffects

Winner-take-most isn't a bug. It's the feature. 📈