You, however, are essentially admitting that Bitcoin would be worthless and have no value if government fiat was responsibly managed.
I didn't do anything of the sort. You frequently state things that others don't say and/or make conclusions that aren't in real life, or in an argument, for that matter.
Fiscal (ir)responsibility is the very motivation for the discovery of BTC, the solving of the double spend problem, the invention of a network in which trust is not required, nor is permission. That was the failure of gold as monetary instrument for the modern, global age.
As a result, since we have finite lifetimes and I've been making particular claims (which I don't and won't back down from), the foil would be the
adoption time. And of course, the reason people will increasingly see BTC as better money is because fiat will continue to debase and it will be clearer by the day that this is the case, though others (like you) don't want to see it, think about it, etc. You'll have no choice but to keep getting bludgeoned by the central powers, their abuse, and their attempts at stealing from you and enslaving you.
You still don't understand BTC. But beyond that, you don't even make arguments in good faith. All value is subjective. If you discover a way around oil with sunlight powering batteries and technology that can keep that energy, all of a sudden oil becomes relatively worthless. My friend, you lack imagination, since that example is a proof. It's "inherent" value will go to zero necessarily in such a situation.
This has already happened for many things in the history of the world, and we've told you all about them. That's why I find it weird. But it doesn't matter, because what's going to happen is going to happen, and neither you nor I can do anything about it. We, and others, will look back and laugh at this exchange, though I'm sad to say that you'll deny it happened or ever "mattered". That's just common for humans, unfortunately.
The only thing I can't grapple with is the certainty in your conclusions.
This is what always happens with innovation and disruption. It's like clockwork, and it's funny that he can't see it, but like Krugman and the internet, and his opinions on BTC, Scorpion's takes will be high comedy over time. They won't allow themselves to see what is apparent to people who can think clearly, have curiosity, use imagination, and see the paths forward that will necessarily happen. The US Debt clock is skyrocketing up, which is why BTC not continuing to be more valuable is just theoretical. Let me just make it easy for you, as I said: it will happen, and there's nothing Scorpion can do or say to change that reality. Human nature would have to change overnight for that to happen. Imagine betting on that?!
