15.7 What if a better Bitcoin 2.0 emerges? || Stephan Kinsella
Wasabi Wallet
Kinsella argues network effects lock in Bitcoin despite technical imperfections (decimal precision, latency) and the possibility of exponentially better alternatives. In his model, most wealth concentrates in productive assets rather than cash reserves, preventing catastrophic loss if a superior currency emerges. This wealth diversification enables gradual, non-destructive transition away from Bit

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