> "spending the weak money first" is a losing narrative

I disagree. Its not a narrative. Its just an observation really from econ history. 

>  Store of Value narratives

Its both. But people are not gonna spend bitcoin when it is still going up massively vs other money so store of value is a problem people are aware of. 

I get annoyed by these booleans. It really has to be both and regardless of narrative incentives work.

kepford

Yup.  This is why "spending the weak money first" is a losing narrative.

Store of Value narratives will only get us so far.  They won't save the world from fiat, and they won't bring Bitcoin to the heights Jeff Booth and Saylor talk about.

The only way to get to the next stage of adoption is to move on from the SoV, NGU phase and into the phase where we aggressively attack the fiat system.

bitcoin

lightning

The Hijacking of Bitcoin - Brownstone Institute

south_korea_ln

Yup.  This is why "spending the weak money first" is a losing narrative.  

Store of Value narratives will only get us so far.  They won't save the world from fiat, and they won't bring Bitcoin to the heights Jeff Booth and Saylor talk about.  

The only way to get to the next stage of adoption is to move on from the SoV, NGU phase and into the phase where we aggressively attack the fiat system.