Bitcoin has only been around ~15 years. This is all still an experiment. You can't technically guarantee Store of Value. Controlling supply alone isn't enough. SoV is also also a function of demand (which is subjective so can't be controlled) and larger players can always manipulate price like they do with traditional finance especially when large CEXes are involved. >A vital function of Bitcoin is the game theory level. Bitcoin has a design that allows it to pressure jurisdictions towards liberty-oriented policies *because* it is the best store of value. "Bitcoin is therefore inherently a black market money. Its security architecture necessarily assumes it is operating without state permission."

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Absolutely. If we were to hard-fork Bitcoin into BTC-private, I wouldn't assume that the fork can compete with Bitcoin as a SoV. The market price for Monero may give an indication of what the market is willing to pay for a 100% privacy coin. And yes, Bitcoin does not need permission. Its protocol is designed in a way that it can become a global SoV. It is doubtful if the market needs another Monero. It is clear that the market wants Bitcoin as it is.