Glossary
An asset function focused on deferred sale rather than circulating in exchange, limiting macro utility according to this argument.
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Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
store-of-value only
An asset function focused on deferred sale rather than circulating in exchange, limiting macro utility according to this argument.
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"It's used in all sorts from jewelry to computer devices. Bitcoin can only be used as either a store of value or a means..."
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Relevant Lectures And Readings
Reading
Jiang reframes Hormuz disruption as a production-system collapse and argues that escalation incentives make the Iran conflict a political-economic choke point beyond price shocks.
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