Nice write up - I agree 100% that BTC is better than fiat, but one main observation:
FIAT might be printably by central banks, but surely it's just as easy to print new crypto on new blockchains - doesn't that have a similar deflationary effect on the value of all crypto, just that we haven't realised this yet because the space is so new so why Bitcoin in particular?
I'm convinced part of the reason the price of Hive is so stagnant is because we've doubled the supply - to investors, Steem and Hive are basically the same I'm sure and Steem probably looks a lot more attractive to the Asian market.
I'm not sure btc is monetesing the power of the internet - other tokens are more set to do that and will probably eat into BTCs value, I'm sure we're all banking on Hive to be one of those - but ETH seems to be a good candidate too.
All in all though this is a nice write up, certainly a good choice of question!
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